Pad Sites Created For NNN Assets
SIP Broker(s): Aaron Etessami
Transactions:Hicksville, NY. Seller; Broadway Mall (owned by private equity company KKR with over $148B in managed assets) outparceled and created two new tax lots for both Chick-fil-a and Starbucks. Both were built as long term NNN assets.
Silber was able to secure a buyer for both properties a very low cap rate