PPG Represents Private All-Cash Buyer in $8M Two-Property Net Lease Acquisition

The Pharma Property Group (PPG) team recently closed the acquisition of two net lease investment properties for a private, non-1031 all-cash buyer. The purchases included a fast casual restaurant and an automotive service property, both located in high-growth markets across the Southeast where the buyer is based.

 

Each property was brand-new construction and was delivered with long-term, absolute NNN leases in place. “Our client in this case was motivated by the strength of the corporate backed guarantee and long-term stable returns which these offerings provided.”

 

“This transaction underscores our national reach and the depth of our private-buyer relationships,” said Chris Barry, Partner at Pharma Property Group. “It highlights our ability to deliver tailored investment solutions beyond the drugstore sector—while maintaining the professionalism, efficiency, and expertise that define our core service offering.”

 

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Pharma Property Group (PPG) is a premier commercial real estate firm specializing exclusively in properties leased to national drugstore chains, including Walgreens, CVS, and Rite Aid. With a proven track record of success, evidenced by over $2.5 billion in closed transactions and over $5 billion in drugstores underwritten, PPG offers landlords unparalleled market intelligence and access to the industry’s most extensive network of drugstore property owners. Our unique and comprehensive marketing platform ensures access to the largest pool of drugstore buyers and sellers in the nation.

 

 

Jason Pongsrikul, Managing Principal

Pharma Property Group
1979 Chicago Street
San Diego, CA 92110
www.pharmapropertygroup.com
Office: (858) 860-6591