The Boulder Group Named Exclusive Advisor for Triple Net Leased Bank of America Sale
The Boulder Group Named Exclusive Advisor for Triple Net Leased Bank of America Sale
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October 28, 2011 (FPRC) -- The Boulder Group, a national single tenant net lease investment brokerage firm, has been named the exclusive advisor for the sale of a Bank of America property in Chicago, Illinois.
The investment sales team will be led by Boulder Group President Randy Blankstein and partner Jimmy Goodman who are marketing the property on behalf of a Midwest based developer. The property is listed for sale with an asking price of $3,979,817
The property is located on the hard corner of the intersection of South Kedzie and West 30th Street. The site benefits from steady traffic flow along Kedzie Avenue with approximately 18,000 vehicles per day passing the site daily. Less than three-quarters of a mile away from the property is the Interstate 55 interchange. Interstate 55 has traffic volumes of 191,000 vehicles per day and is the primary traffic way connecting the southwest suburbs with downtown Chicago. Nearby retailers to the Bank of America property include Subway, Dunkin Donuts and Baskin-Robbins. There is also a Chicago Transit Authority bus stop location on the corner of 30th Street and Kedzie Avenue directly across from the property.
About The Boulder Group
The Boulder Group is a boutique investment real estate service firm specializing in 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 more than $1.2 billion of net lease real estate transactions through several real estate cycles. The firm’s website is www.bouldergroup.com
Send an email to Randy Blankstein of The Boulder Group
847-562-8500
Keywords:
triple net, net leased, net lease
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