Cap rates in the fourth quarter of 2015 for the single tenant net lease retail sector remained unchanged from the previous quarter at their historic low rate of 6.25%.
The Boulder Group Arranges Sale of Single Tenant Dollar General Property
The Boulder Group has just completed the sale of a single tenant net leased Dollar General property in Grovetown, GA for $987,000. The building, which encompasses 9100 ft.² and is located on a 1.32 acre parcel, has been leased to Dollar General on a long-term basis. The seller was a private developer based in Georgia,
Boulder Group Completes Sale of Logan’s Roadhouse Property
The Boulder Group has just completed the sale of a ground leased Logan’s Roadhouse property in Salina, in Kansas for $1,446,000. This 6533 ft.² building was developed in 2008, and is ideally located on a busy intersection of Schilling Road and 9th Street. It is also adjacent to a Walmart Supercenter, a Hampton Inn and
The Boulder Group completes sale of single tenant net leased property
The Boulder Group has successfully completed the sale of a single tenant net leased Hobby Lobby property in Avon, Indianapolis. The property in question is located at 212 Gable Crossing Drive in the western suburbs of Indianapolis, and was sold for $5,750,000. The 56,100 ft.² building was only recently developed, and is a single tenant
The Boulder Group Sells Single Tenant Net Lease Chicago Property
The Boulder Group has just completed the sale of a single tenant net leased property in Chicago for $2,290,000. The property is a 16,290 ft.² building that is leased to grocers Save-A-Lot on a long-term basis, and is located at 63rd and South Calumet Avenue. It was purchased by a private high net worth investor