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SJC Completes Sale of Four-Tenant Shopping Center in ID for $1.725 Million
Wednesday, February 24, 2010
BLACKFOOT, ID, February 24, 2010 – Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the sale of a 7,790 square foot shopping center 100% leased to four tenants, three of which are nationally known and one that is locally known, located on an 0.73 acre pad site to a Wal-Mart Supercenter in Blackfoot, Idaho, to a Private Investor for $1.725 million. Gill Warner of Stan Johnson Company represented the seller, a Retail Developer, and the buyer was a 1031 Exchange Private Investor, in the transaction. “Our valuable relationships with our clients have made us an expert in the retail net lease market. This property represents the third property we have closed with this seller.” said Gill Warner. “We are continuing to strive toward our goal of becoming a household name in the net lease ‘retail’ industry.” About Stan Johnson Company:
Stan Johnson Company is one of the nation’s leading commercial real estate brokerage and advisory firms that focuses on net-lease transactions. Our net-lease group is the largest team of professionals focused exclusively on the acquisition, disposition, and financing of net-leased real estate in the retail, office, industrial, and medical product types. Building on a 25-year foundation in the net-lease industry and completing more than $8 billion in transactions nationwide, Stan Johnson Company is positioned as an authority in the industry. A dynamic team approach focused on nothing but net, refined marketing processes and a foundation built on integrity, professionalism and relationships create a winning combination that enable the firm to consistently deliver quality service and superior results to each unique client.
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