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OhioNet Lease

Guggenheim Commercial Real Estate Group sells muffler shop in Ohio

February 27, 2018
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Guggenheim Commercial Real Estate Group recently closed the sale of a Monro Muffler Brake & Service location in Ashtabula, Ohio.

The single-tenant, net-leased asset sold at a 6.17 percent CAP rate with less than three years remaining on the lease.

The out-of-state buyer was found on the first day of marketing. Doug Holtzman and Brandon Kosek represented the seller in this transaction.

 

 

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