Petrakis Properties LLC has acquired the retail property that is net-leased to the reportedly highest grossing 7-Eleven retail store in the United States for $3.865 million. The 4,200 sq ft building is situated on .60 acres at 653 Montauk Highway in Montauk.
Petrakis Properties LLC has acquired six 7-Eleven convenience and fuel properties for a total of $2.7 Million USD from Rochester-based Saunders Management Co., owned by Mr. E. Philip Saunders.
The Petrakis Realty Group (Seaford, NY), represented by Silber Investment Properties, has completed a multistage acquisition of triple net (NNN) properties.
United Properties Corp., represented by Silber Investment Properties, has acquired the Mt Sinai Shopping Center for $29.75M from Mt Sinai Shopping Center, Inc..