IRA Capital sells Walgreens in Severna Park, MD
IRA Capital, LLC announced today that Net Lease Income Fund I, LLC completed the disposition of a Walgreens drugstore in the Washington DC MSA of Severna Park, MD. The Walgreen Company was founded in Chicago and is the largest drugstore chain in the United States and operates over 7,500 drugstores across all 50 States, the District of Columbia and Puerto Rico and serves five million customers per day.
IRA Capital is a privately-held commercial real estate investment and management company that focuses on maximizing risk-adjusted returns while protecting and growing investment capital. Net Lease Income Fund I, LLC is a private fund formed in July 2010 to invest in a diversified portfolio of freestanding, single-tenant, net-leased properties located throughout the United States. Net Lease Income Fund I is managed by IRA Realty Capital, LLC. Additional information can be found at www.iracapital.com.