The front of the building that once stood there had a veranda seen by thousands of motorists daily. Today, the site is home to a Sleep Number mattress store.
NADG NNN North America Development Group, based in Dallas, bought the 8,586-square-foot building from ECC MAD RIVER LLC.
The Dallas company paid $2.95 million for the property on May 13, Montgomery County records show.
According to its web site, NADG NNN is a real estate investment trust that focuses on “freestanding buildings, located directly in front of shopping centers, situated on busy roads with the best access and visibility, typically leased to a service oriented, internet proof, household name tenant, under long-term lease agreements.”
According to the building’s Loopnet listing, the building has “high traffic counts of approximately 30,000 vehicles per day for great visibility.” The building is also less than a mile from Interstate 75.
A message seeking information was left with a principal of NADG NNN North America Development Group.
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