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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
Newsroom   Real Estate Research Center

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