STREAM Negotiates Sale Leaseback of Two Jack’s Family Restaurants
CHICAGO, IL – December 30, 2018 – STREAM Capital Partners, LLC, a national net lease and sale leaseback advisory group, has negotiated the sale of two Jack’s Family Restaurants sale lease backs in Albertville, Alabama and Summerville, Georgia.
The leases are structured as Absolute NNN with a 20-year terms upon commencement with periodic increases. Adam English and Adam Baxter of STREAM Capital Partners represented the seller on the transaction.
“The Albertville and Summerville sale leasebacks were the seventh and eighth Jack’s closings of 2018. They were both purchased in all cash by high net worth buyers seeking to add to their existing net lease portfolio,” said English.