IRA Realty Capital, LLC announced today that Net Lease Income Fund I, LLC completed the acquisition of a Walgreens drugstore in Niles, Michigan – approximately 7 miles from Notre Dame University in South Bend, Indiana. The property is leased on a net-lease basis to Walgreens for an initial term of...
IRA Capital Acquires Walgreens in Washington DC MSA
IRA Realty Capital, LLC announced today that Net Lease Income Fund I, LLC completed the acquisition of a Walgreens drugstore in the Washington DC MSA. The property is leased on an absolute net-lease basis to Walgreens for an intial term of 20 years. The Walgreens property is positioned on the...
IRA Capital Acquires Bank Ground Lease in Chicago
IRA Realty Capital today announced that Net Lease Income Fund I, LLC has acquired a retail bank ground lease in urban-infill Chicago. The tenant is Banco Popular, which ranks among the 30 largest financial institutions in the United States. The company was founded in 1893 and has more than $47...
IRA Capital Acquires Corporate Verizon Store in Atlanta MSA
IRA Realty Capital today announced it has acquired a retail property net leased to Verizon Wireless located at the new Ashley Park retail development in Newnan, Georgia. Verizon has approximately 10 years remaining on the base term of the lease. The store is a relocation store that was expanded. The...