LaPlace, La. — SRS Real Estate Partners’ National Net Lease Group has brokered the $8.9 million sale of a 62,297-square-foot single-tenant retail property occupied by Winn Dixie in the New Orleans suburb of LaPlace. The property features a long-term, absolute triple-net lease that is corporate guaranteed by Winn-Dixie Stores Inc. Sean Lutz and Dan Elliot of SRS represented the seller, a private investor from Baton Rouge, Louisiana, in the transaction. The buyer was a family office also based in Baton Rouge.
SRS Brokers $8.9 Million Sale of a Winn Dixie-Anchored Retail Property in Suburban New Orleans