May 201504

Long & Foster Commercial Division Represents Buyer in Net Leased Investment Transaction in Baltimore Suburb

Just Sold Commercial Dollar General
May 201504

Long & Foster Commercial Division Represents Buyer in Net Leased Investment Transaction in Baltimore Suburb

Long & Foster Real Estate, the largest independent real estate company in the United States, has announced today that its Commercial Division, located in Vienna, Va., has represented a buyer in a $2.16 million net leased investment property in a Baltimore suburb.

The factors influencing the buyer’s decision included the desirable location on Route 1, a long term lease with national tenant Dollar General and a favorable CAP rate. All considered very attractive attributes by the buyer who was represented by senior vice president Ronald Glass.

“We’re very pleased to have negotiated this transaction for the buyer,” said Ken Ulsaker, executive vice president of the Commercial Division. “Ron Glass did an excellent job finding a local investment at such a good value.”

For more information, visit http://commercialdivision.lnfre.com.