In a deal that shows the continuing strength in certain parts of the net lease sector, 17 7-Eleven  properties on 17.373 total acres sold to a private buyer for $71.5 million. 

Camille Renshaw, CEO and Founder of B+E, the brokerage firm that announced the sale-leaseback deal on Wednesday, July 15, couldn’t reveal the private fund that bought the properties or the location of the assets. The properties are operated by the Monfort Cos. and under a new, 15-year lease.

 

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