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CARS Pays $6.1M for Coon Rapids Retail

Walser Real Estate Sells Dealership in Sale-Leaseback Transaction
By Amanda Wimmer
May 14, 2018 | 8:53 P.M.

Capital Automotive Real Estate Services (CARS) Inc., a sale-leaseback facilitator tailored to the automotive retail industry, acquired the Walser Nissan Coon Rapids dealership building at 3300 NW 129th Ave. in Coon Rapids, MN from Walser Real Estate VI LLC for $6.11 million, or about $286 per square foot.

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