Luihn Food Systems (LFS) acquires 3,206 sq ft building on Prime Garner Town Square Corner Outparcel; an excellent investment purchase facilitated by Blue Sky Services Real Estate as one of over 40 transactions closed by the firm this year.
Raleigh, NC -- (SBWIRE) -- 11/14/2014 -- Blue Sky Services has closed the purchase of another freestanding Restaurant, this time in Garner NC. This 3,206 sq ft building on 0.83 acre, situated as a prime outparcel of Garner Town Square, is poised as an excellent investment along US 70 Bypass. With over 210 feet of direct visibility on US 70 Bypass, over 66,000 vehicles pass this location every day, traveling to and from major Triangle employment centers. One of the largest Taco Bell franchisees in Carolinas market – Luihn Foods purchased the building. Originally constructed as a Schlotzky’s Deli restaurant in 1997, it was most recently occupied by Locked and Loaded Grill. Nikita Zhitov of Blue Sky Services Real Estate facilitated the transaction.
Headquartered in Spartanburg, South Carolina, Luihn Food Systems is a franchisee of Yum Brands and Hurricane Grill and Wings, with over 75 restaurants in the Southeast, including restaurants in NC, VA and FL. From their beginnings in 1966, to their pioneering, co-branding leadership, their success is grounded by their commitment to family, the talent of their employees and clear vision of the future.
A spokesperson for Blue Sky Services commented on the transaction: “We think it’s great investment thinking by the new owners to relocate its current Taco Bell location in Garner to this site. Garner Town Square has superior National anchors and strong co-tenants who can benefit Luihn Food Systems’ Taco Bell business. As a former Scholtzky’s Deli, the building features two drive-thru windows. Building conversion should be straightforward and cost efficient.” According to informed sources at the company, Blue Sky Services has seen a spike in commercial real estate activity since the beginning of the year, with a total of 42 transactions closed year-to-date as compared to 26 transactions at the same time last year.
About Blue Sky Services
Blue Sky Services has been in business since 1996, succeeding in growing their company by working with thousands of satisfied customers. The company is committed to setting the highest standards for customer service, quality and professionalism, aiming to lead the field in real estate, development, construction, remodeling and more. For more information please visit: http://www.blueskyservices.biz/