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Harbert Retail Represents the Seller of Sylacauaga Property

Harbert Retail’s Casey Howard and Lacey Scott represented the seller of a former car dealership that included a 24,000 SF freestanding building on 4 acres located at 42490 Highway 280 in Sylacauga, Alabama. The property, located in a growing retail corridor across the street from the new Circle K fuel center, sold for $900,000. Nearby retailers include Walmart, Home Depot, TJ Maxx, …

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Harbert Retail Represents Buyer of a Dunkin’ Property in a 1031 Exchange Purchase

Harbert Retail’s Casey Howard and Lacey Scott represented the buyer of a Dunkin’ in a 1031 exchange purchase for $1,788,910 (5.5% Cap Rate). An experienced Dunkin’ operator with 36 locations across 6 states has entered into a long tern 20-year absolute NNN lease at the newly constructed Montgomery location.   The new Dunkin’ is located at 6300 Atlanta Highway, a …