The Boulder
Group’s Research Department has released a new research report providing
comprehensive numbers and analysis of the activity in the National Net Lease
Drug Store Market.
Highlights
from the report are as follows:
- A significant decrease in cap
rates for Walgreens, CVS and Rite Aid
- The supply of Walgreens and CVS
properties on the market increased by 76%
- New construction Walgreens and
CVS assets experienced cap rate compression of 25 basis points.
The full
report can be viewed online at http://www.bouldergroup.com/NLDS.pdf
About The
Boulder Group
The Boulder
Group is a boutique investment real estate service firm specializing in single
tenant 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
arranged the acquisition and disposition of more than $1.4 billion of net lease
real estate transactions through several real estate cycles. In 2011 and 2012,
the firm was ranked in the top 10 companies in the nation for single tenant
retail transactions by Real Capital Analytics. The Boulder Group is headquartered in suburban Chicago
