Agree Realty Buys Four Single Tenant Assets for $6M

Agree Realty Corporation

today announced that it has acquired four single tenant assets leased to industry leading retailers.  Two of the acquired properties, located in Madisonville, Texas and Forest, Mississippi, are leased to Tractor Supply Company.  The Company has also acquired a Mattress Firm in Baton Rouge, Louisiana as well as an AutoZone in Sun Valley, Nevada.  The average lease term is approximately ten years.  The aggregate purchase price for the four acquisitions was approximately $6,000,000.