SVN|Chicago Negotiates $9.1M Sale of Retail Property Ground Lease in New Mexico

by Amy Works

FARMINGTON, N.M. — SVN|Chicago Commercial has arranged the sale of retail ground lease located at 3560 E. Main St. in Farmington. An institutional buyer acquired the property from a private investment group for $9.1 million. The Home Depot occupies the property on an absolute triple-net lease basis. Tim Franz of SVN|Chicago Commercial represented the seller in the transaction.

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