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:
- Overall cap rates for CVS, Rite Aid and Walgreens
properties experienced an increase in cap rates of 33 basis points
- The supply of drug store properties on the market
decreased by 23%
- Drug stores are priced at a 14 basis point premium
when compared to the entire net lease retail market
The full report can be viewed online at http://www.bouldergroup.com/media/pdf/2016-Q3-Net-Lease-Drug-Store-Report.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 over $3 billion of single tenant net lease real estate
transactions. In 2010-2015, the firm was ranked in the top 10 companies in the
nation for single tenant retail transactions by both Real Capital Analytics and
CoStar. The Boulder Group is headquartered in suburban Chicago. More
information on the firm can be found on The Boulder Group’s website at www.bouldergroup.com
