other material
confidence high
sentiment neutral
materiality 0.40
AEI INCOME & GROWTH FUND 25 LLC: M&A transaction — AEI Income & Growth Fund 25 sells 60% interest in Wichita property for net proceeds of ~$1.415M
AEI INCOME & GROWTH FUND 25 LLC
- Sold 60% interest in Wichita, KS property (former Sports Authority/Biomat clinic) on Feb 9, 2023.
- Net cash proceeds of ~$1.415M; net gain of ~$41,000.
- Total purchase price for 100% interest was $2.5M; property is 52,259 sq ft on 5.62 acres.
- Property is subject to a lease with Biomat USA, Inc. (tenant).