Tuesday, November 30, 2010

Net Leased Save-A-Lot Developer

The Boulder Group, a national single tenant net lease investment brokerage firm, has been named the exclusive advisor for the sale of a Save–A-Lot property in Chicago, Illinois.

The investment sales team will be led by Boulder Group President Randy Blankstein and partner Jimmy Goodman who are marketing the property on behalf of a private Chicago based developer. The property is listed for sale with an asking price of $2,423,500 which provides an initial cap rate of 8.5%. The property is free and clear of debt.

About The Boulder Group

The Boulder Group is a boutique investment real estate service firm specializing in net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has participated in the acquisition and disposition of more than $1.2 billion of net lease real estate transactions through several real estate cycles. The firm’s internet address is http://www.bouldergroup.com/