Mid-America Real Estate Corporation, in cooperation with Benjamin J. Wineman and ECHO Retail (both licensed Pennsylvania real estate brokers), has been retained on behalf of the owner to sell the 100% fee simple interest the Giant Eagle and GetGo in Homestead, Pennsylvania. Giant Eagle and GetGo are operating on an absolute NNN lease with almost 10 years of base term, and no landlord maintenance responsibilities, making it a truly passive investment.
The offering represents a rare occasion to purchase a collection of highly coveted, seldom available market-leading Giant Eagle grocery stores operating on long-term net leases. In addition to Homestead, there are three other Giant Eagle and GetGo assets available as a part of the portfolio opportunity. Further information on the other properties can be found in their individual Offering Memorandums.