Brauvin has acquired a 28,448 square foot Office Depot retail location in Fayetteville, GA (suburban Atlanta), for $2,573,000 plus closing costs. The property is leased on a long-term basis to Office Depot (NYSE: ODP), a leading global provider of office products and services. Office Depot operates more than 1,100 office superstores nationwide and generated 2008 sales of $14.5 billion. Office Depot carries a Standard and Poor’s corporate rating of BB-. The subject property is leased to Office Depot, Inc. for fifteen years on an absolute triple net lease basis. This is the second Office Depot acquired by Brauvin in the current quarter.

The Office Depot occupies a prime location directly across from the signalized main entrance of the 1.5 million square foot Fayetteville Pavilion. This retail development is anchored by Super Wal-Mart, Target, Kohl’s and Home Depot. Traffic counts in front of the Office Depot property are more than 30,000 cars per day.

Brauvin Net Lease, LLC specializes in the acquisition of single tenant, net lease properties throughout the United States. Brauvin has acquired assets in thirty-three states to date and has significant discretionary funding capacity. More information on Brauvin is available at brauvin.com