NAI Realvest Closes Investor Purchase of Lake Wales Taco Bell for $1,754,020
Lake Wales, Fla. – NAI Realvest represented an investor partnership in the acquisition of Taco Bell restaurant at 24186 US Highway 27 in Lake Wales.
NAI Realvest Broker Associate Chris Adams negotiated the transaction on behalf of the Winter Haven-based buyer, John P. Adams and Ann D. Adams Family Limited Partnership who exercised 1031 tax free exchange in making the $1,754,020 purchase. The Taco Bell restaurant will continue to operate with the same staff.
Danielle Kiely of Kiely Commercial Inc. represented the seller JEM Restaurant Group of Florida, Inc. whose parent company is based in Charleston, N.C.