Lee & Associates – North San Diego County Negotiates the Multi Property Exchange of Three KFC’s Totaling $3.923 Million
CARLSBAD, Calif.—August 24, 2015—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed the sales of three KFC’s in a national, multi-property, exchange. The triple net investment properties, located in Bismarck, North Dakota; Gallup, New Mexico; and Shakopee, Minnesota, each had long-term leases in place with one of the nation’s largest Kentucky Fried Chicken franchisees at the time of the barter.
Al Apuzzo and Taylor Cook of Lee & Associates – North San Diego County, represented buyers Ivan’s Waterfowl, LLC and No Win Scenario, LLC in the purchase of the property in New Mexico; buyers ROA #111, LLC and Nuevos Los Pollos, LLC in the purchase of the property in Minnesota; and sellers Ivan’s Waterfowl, LLC and ROA #111, LLC in the sale of the property in North Dakota. All three properties were part of a portfolio exchange with EBD Nevada Foods, LLC.
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Celebrating more than 36 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the country with locations across the nation including California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, and Wisconsin. With more than 800 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn and Twitter.