CHICAGO, IL – August 30, 2018 – STREAM Capital Partners, LLC, a national net lease and sale leaseback advisory group, has negotiated the sale of a Captain D’s sale lease back in Spring Hill, Tennessee – a short distance from downtown Nashville.
The property is located at 2096 Wall Street. The lease is structured as an Absolute NNN with a 20-year term upon commencement with periodic increases.
“Given the strength of the tenant and the location, we received multiple offers from qualified buyers. The buyer chosen was a high net-worth individual, closed all-cash in just over two weeks, and was not subject to a 1031 exchange,” said English.