Uncategorized Archives - Page 10 of 36 - Mike Graham Real Estate

July 5, 2016July 5, 2016

SOLD: Two Walmart Neighborhood Markets in Monroe and West Monroe, LA

Sold: Two Walmart Neighborhood Markets (1840 N. 18th in Monroe, LA and 2400 Cypress Street in West Monroe, LA)

North 18th Site

Seller: Polestar LA Monroe Avenue of Americas LLC

Buyer: Realty Income Properties 17 LLC

Sale Date: 06/28/2016

Sale Price: $11,361,779 (Annual rent is $624,909 for 20 years; NNN; 5.5% cap rate)

Land Size: 3.907 acres (per conveyance)

Sources: OP Assessor’s website , Clerk of Court, Legal Recorder

Cypress Street Site

Seller: Polestar LA West Monroe Flanagan LLC

Buyer: Realty Income Properties 17 LLC

Sale Date: 06/28/2016

Sale Price: $11,087,020 (Annual rent is $609,797 for 20 years; NNN; 5.5% cap rate)

Land Size: 5.811 acres (per conveyance)

Sources: OP Assessor’s website , Clerk of Court, Legal Recorder

Disclaimer: This information is for reference only and should not be relied upon without proper verification.

North 18th

Cypress

June 29, 2016June 29, 2016

SOLD: Strip Center at 8950 Highway 165 in Sterlington, LA

Sold: Strip Center at 8950 Hwy 165 in Sterlington, Louisiana

Seller: Steelheart Investments, LLC

Buyer: Hickory Ridge Holdings, LLC

Sale Date: 06/24/2016

Sale Price: $3,000,000

Building Size: 20,860 square feet

Land Size: 1.877 acres (per conveyance)

Sources: OP Assessor’s website , Clerk of Court, Legal Recorder

Disclaimer: This information is for reference only and should not be relied upon without proper verification.

June 12, 2016

Richland Tower – Office for Lease

May 26, 2016

SOLD: Vacant lot on Highway 165 N in Monroe, LA

Sold: Vacant lot on Highway 165 N in Monroe, Louisiana (next to El Azteca Mexican Restaurant)

Seller: Johnny L. and Carleen T. Reeves

Buyer: DT Retail Properties, LLC

Sale Date: 05/05/2016

Sale Price: $447,563

Land Size: 1.247 acres (per OP Assessor)

Sources: OP Assessor’s website , Clerk of Court, Legal Recorder

Disclaimer: This information is for reference only and should not be relied upon without proper verification.

April 20, 2016

Mac’s Fresh Market / West Monroe, LA

As an update to a recent post regarding the transfer of real estate for the Mac’s Fresh Market on Arkansas Road, please note the ownership change was between related parties and the Mac’s Fresh Market operation continues to operate as it has been since it recently opened. There has been no change in management regarding this business operation.