The Boulder Group Arranges Sale of Single Tenant Net Leased Rite Aid

The Boulder Group Arranges Sale of Single Tenant Net Leased Rite Aid

Northbrook, IL – December 18, 2015 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Rite Aid property located at 8110 Mallard Creek Road in Charlotte, North Carolina for $4,320,000.

There are approximately five years remaining on the Rite Aid lease which expires in September 2020. The absolute triple net lease features four 5-year renewal option periods. Rite Aid is a publicly traded company with a market capitalization in excess of $8 billion.

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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 $2.1 billion of single tenant net lease real estate transactions. In 2010-2014, 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

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Phone: 847-562-0003

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