Sale Price: $26,000,000
Ron Feder is pleased to report the recent closing of a Safeway market in Olney, Maryland. Through the help of David Shemesh, Ron was able to assist a local private entity with the purchase of this 20 year leased investment. With store sales in excess of $700/sf, the location was very attractive and the corporate guarantee provided for a stable income stream. The sale closed for just over $26 million.