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OhioRetail

Luttner Real Estate sells KeyBank in Ohio

Staff Writer April 5, 2017
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Luttner Real Estate Investment Services sold a freestanding KeyBank in Lyndhurst, Ohio.

The property has 13 years and two months remaining on an initial 15-year lease. It sold for $3.875 million, representing a cap rate of 6.78 percent.

Mark Luttner marketed the property on behalf of the seller. He also found the buyer, a private investor from New York.

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