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| Michael Bull |
ATLANTA, GA —Bull Realty
brokered the sale of a CVS in Cullman, AL, a 13,600 sq ft freestanding retail
building. The sale closed on August 5, 2015 for $4.9 million.
Michael Bull,
CCIM with Bull Realty, represented a local 1031 Exchange buyer, Guggie H, LLC,
in the purchase of a triple net investment opportunity, with a corporate
guaranteed lease to CVS with 25 years on primary term.
Strategic 1031 Exchange
Advisors, LLC acted as a Qualified Intermediary. The seller, LL Cullman AL,
LLC, was represented by John Glass
with Marcus & Millichap.
“The purchaser utilized a
1031 to exchange from an older asset with a low cash flow in San Francisco into
a newer safe income-stream property,” said Bull.
Bull Realty, Inc.
(www.BullRealty.com) is a U.S. commercial real estate brokerage and advisory
firm headquartered in Atlanta, licensed in nine states providing acquisition,
disposition, leasing and advisory services. The firm also produces and hosts
the nationally-syndicated Commercial Real Estate Show (www.CREshow.com). The
popular weekly show is broadcast on 40 radio stations nationwide, iTunes,
YouTube and CREshow.com.
For a complete copy of the company’s news release,
please contact:
Melissa Henry
Communications Associate
Bull Realty, Inc.
50 Glenlake Pkwy, Suite
600
Atlanta, GA 30328
404-876-1640 x 110
Michael Bull AL License
#83872
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