Woodbridge, VA – The Net Lease Group (NLG) arranged and successfully completed the 1031 Exchange of a client purchasing a 2,029 square-foot, newly-constructed Taco Bell in Woodbridge, VA.
NLG’s 1031 Concierge team arranged and managed the transaction on behalf of an individual buyer for the upleg of the buyer’s exchange.
The property is situated on 1.22 acres within the Interstate 95 corridor of Washington D.C., approximately 20 miles southwest of Capitol Hill. The property is net-leased to Taco Bell of America, LLC, a subsidiary of Yum! Brands, Inc.. Yum! Brands is based in Louisville, KY and operates over 45,000 restaurants in 135 countries and territories.
NLG’s 1031 Concierge™ is a full-service solution to meet the needs of Exchangers, including the dispositions, recognition of exchange-critical sizing requirements, engagement of a qualified intermediary (QI), identification of replacement properties, and transaction management (including: LOI generation, negotiations, due diligence and closing).
Click here to learn more about NLG’s 1031 Concierge™