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Advisors in Real Estate, Inc. arranges Sale of 2 Out-of-State Kneaders for $5,615,000

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  • Advisors in Real Estate, Inc. arranges Sale of 2 Out-of-State Kneaders for $5,615,000
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January 26, 2021
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1821 N Rock Rd, Wichita, KS

Gary Heinfeld, CPA, CCIM, of Advisors in Real Estate, Inc. and Matt McNeill of Cushman & Wakefield represented the seller in the sale of the Kneaders located at 1384 UT-92, Lehi, UT. The net- leased property sold for $3,690,000. ($795 PSF)  This property garnered multiple offers and was an all-cash transaction.

The second Kneaders, located at 1821 N Rock Rd, Wichita, KS sold for $1,925,000. ($464 PSF). Gary Heinfeld, CPA, CCIM, of Advisors in Real Estate, Inc. and Christi Royse, CCIM of J.P. Weigand & Sons, Inc. represented the seller. This property also garnered multiple offers for Lease and for Sale. The buyer paid all-cash. for the asset. The buyer plans to convert the property into a Jason’s Deli.

For more information, Gary Heinfeld should be contacted at 520 591-2310.

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