189
COLUMBUS, OHIO — SRS Real Estate Partners has brokered the $8.6 million sale of a 125,357-square-foot retail property occupied by Lowe’s Home Improvement in Columbus. Situated on 12.8 acres, the building at 2888 Brice Road features a corporate-guaranteed lease that was recently extended for 10 more years. The property is adjacent to Brice Park, a 158,000-square-foot shopping center. Matthew Mousavi and Patrick Luther of SRS represented the undisclosed seller. A West Coast-based private investor purchased the asset at a cap rate of 6.4 percent.