The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

Northbrook, IL – March 16, 2016 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 2201 N Heritage Street in Kinston, North Carolina for $5,400,000.

The 14,820 square foot Walgreens is located along North Heritage Street with access to Plaza Boulevard. Plaza Boulevard is a primary east-west thoroughfare in the trade area. The property is located directly across the street from a Piggly Wiggly grocery anchored center. Additional retailers located in the immediate trade area include Food Lion, Wells Fargo Bank, PNC Bank, BB&T Bank, Big Lots, Family Dollar and Dollar General. The Walgreens is benefitted by its proximity to Lenoir Memorial Hospital which has over 261 beds and over 100 physicians.

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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

Contact:

Phone: 847-562-0003

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