July 2022
Recently Sold – CVS, Bath, ME
Thomas Company is pleased to to announce the recent sale of a well-located CVS store in Bath, ME totaling +/- 11,945 square feet of retail space. The property was offered as a highly leveraged zero-cash-flow investment, with an attractive, assumable loan that fully-amortizes prior to the expiration of the lease. The property provides an investor with significant passive losses to help offset unsheltered cash flow from other real estate investments.
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Recently Sold – DIRECTV Data Center Portfolio
Thomas Company is pleased to announce the successful sale of two DIRECTV data center uplink and broadcasting facilities, strategically located in Englewood, Colorado (Denver MSA) and Bakersfield, California.
Recently Sold – Chipotle, Christiansburg
Thomas Company is pleased to announce the successful closing of a Chipotle Mexican Grill (NYSE: CMG) located in Christiansburg, VA. This fee simple interest property totals 2,350 square feet of retail space with over 7 years of term remaining with 10% escalations.
Recently Sold – Verizon Wireless, Christiansburg, VA
Thomas Company is pleased to announce the successful closing of a Verizon Wireless (NYSE: VZ) located in Christiansburg, VA in the newly developed Christiansburg Marketplace. This fee simple interest property totals 2,500 square feet of retail space with over 7 years of term remaining and 5% escalations.