Net Lease: autozone triple net

Showing posts with label autozone triple net. Show all posts

Monday, November 7, 2011

The Boulder Group Named Exclusive Advisor for Triple Net Leased Bank of America Sale

The Boulder Group, a national single tenant net lease investment brokerage firm, has been named the exclusive advisor for the sale of a Bank of America property at 3010 South Kedzie Avenue 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 Midwest based developer. The property is listed for sale with an asking price of $3,979,817

The property is located on the hard corner of the intersection of South Kedzie and West 30^th Street. The site benefits from steady traffic flow along Kedzie Avenue with approximately 18,000 vehicles per day passing the site daily. Less than three-quarters of a mile away from the property is the Interstate 55 interchange. Interstate 55 has traffic volumes of 191,000 vehicles per day and is the primary traffic way connecting the southwest suburbs with downtown Chicago. Nearby retailers to the Bank of America property include Subway, Dunkin Donuts and Baskin-Robbins. There is also a Chicago Transit Authority bus stop location on the corner of 30^th Street and Kedzie Avenue directly across from the property.

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 arranged the acquisition and disposition of more than $1.2 billion of net lease real estate transactions through several real estate cycles. The firm’s website is www.bouldergroup.com

Thursday, September 8, 2011

The Boulder Group Arranges Sale of Single Tenant Dollar General Property in the Augusta, GA MSA

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Dollar General property located in Grovetown, GA for $987,000. The 9,100 square foot building sits on a 1.32 acre parcel and is 100% leased to Dollar General on a long term basis.

Randy Blankstein and Jimmy Goodman of The Boulder Group represented the developer in the transaction. The buyer was a private investor based in New Jersey and the seller was a private developer based in Georgia.

“Newly constructed Dollar General properties remain in high demand as they offer investors an attractive yield combined with no landlord responsibilities” said Randy Blankstein, President of The Boulder Group. Jimmy Goodman, Partner of The Boulder Group, added, “Our private investors are attracted to Dollar General properties as there are few tenants of this financial quality that execute fifteen year leases that are offered near the million dollar price point.”

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 $1.2 billion of single tenant net lease real estate transactions through several real estate cycles. The Boulder Group is headquartered in suburban Chicago. More information on the firm can be found at www.bouldergroup.com

Friday, March 18, 2011

Triple Net Leased Wendy’s Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Wendy’s property located in Midlothian, IL for $685,000. The 3,000 square foot building sits on a 35,619 SF parcel and is 100% leased on a short term basis to Wendy’s.

Randy Blankstein and Jimmy Goodman of The Boulder Group represented both parties in the transaction. The buyer was a private individual investor based in Illinois and the seller was a private Midwest partnership.

“There was above average interest level for this corporately leased property as the below $1 million price point was able to attract a wide investor base,” said Jimmy Goodman, Partner of The Boulder Group. Randy Blankstein, President of The Boulder Group, added, “Despite limited nationwide investment sales activity for short term leased single tenant net leased properties, demand in major markets for these types of assets remains strong.”

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 Boulder Group is headquartered in suburban Chicago. The company’s internet address is www.bouldergroup.com