Press release
The Boulder Group Arranges Sale of Net Leased Low Rent CVS in Oklahoma at a 5.50% Cap Rate
The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant CVS located at 3501 NW 36th Avenue in Norman, Oklahoma for $3,772,000.
Located at the intersection of 36th Avenue and West Tecumseh Road, the subject property is positioned adjacent to Norman Healthplex, a regional 400,000 square foot 168-bed state-of-the-art hospital. CVS features excellent exposure and accessibility along two of the area's main traffic corridors with combined daily traffic counts in excess of 35,400 vehicles. This affluent community boasts average household income in excess of $126,000 within a one mile radius.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the buyer in the transaction. The buyer was based in California in a 1031 exchange. The seller was a private real estate investor.
CVS Health is the nation's premier health innovation company helping people on their path to better health. Whether in one of its pharmacies or through its health services and plans, CVS Health is pioneering a bold new approach to total health by making quality care more affordable, accessible, simple and seamless. CVS Health is community-based and locally focused, engaging consumers with the care they need when and where they need it.
"Net lease investors are increasingly attracted to low rent pharmacy deals, recognizing their potential for stable, long-term returns," said Randy Blankstein, President of The Boulder Group. Jimmy Goodman of The Boulder Group, added, "The property's proximity to a regional hospital was a primary highlight for the buyer."
About The Boulder Group
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 $9 billion of single tenant net lease real estate transactions. From 2013-2023, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.
www.bouldergroup.com [http://www.bouldergroup.com/]
Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=the-boulder-group-arranges-sale-of-net-leased-low-rent-cvs-in-oklahoma-at-a-550-cap-rate]
Phone: 8478816388
Address:3520 Lake Avenue Suite 203
City: Wilmette
State: Illinois
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Boulder Group Arranges Sale of Net Leased Low Rent CVS in Oklahoma at a 5.50% Cap Rate here
News-ID: 3521864 • Views: …
More Releases from ABNewswire
LSLONG Launches New Premium Custom Polo Shirt Collection with Full OEM & ODM Sup …
Shenzhen LSLONG Garments Co., Ltd., a global leader in apparel manufacturing, has officially unveiled its new Premium Custom Polo Shirt [https://www.lslt-shirt.com/polo-shirt-categories/] Collection, combining advanced fabrics, innovative designs, and end-to-end customization solutions. This launch underscores LSLONG's 25 years of experience delivering high-quality OEM and ODM apparel services to brands across more than 50 countries. The collection aims to empower brands with versatile, stylish, and performance-driven Polo shirts while providing comprehensive support…
Arteestry Creations Plus Brings Unique Customizable Designs to Over 50 Product C …
Arteestry Creations Plus offers creative custom designs across an extensive range of products from apparel to home goods to magnets, serving customers seeking personalized items for holidays, special occasions, and everyday use. The growing e-commerce brand combines artistic creativity with broad product versatility, featuring licensed collections from Disney, Pixar, Marvel, and Star Wars alongside original designs that can be applied across different product types upon customer request.
Arteestry Creations Plus has…
Shellyshop2025 Offers One-of-a-Kind Clothing and Artwork for Customers Seeking U …
Online retailer Shellyshop2025 provides shoppers with distinctive clothing and original artwork unavailable through mass-market retailers. The store combines the owner's passion for visual art and graphic design with convenient e-commerce accessibility.
Shellyshop2025 has established itself as an online destination for customers seeking one-of-a-kind clothing and artwork that stands apart from mass-market offerings. The e-commerce store, operating through shellyshop2025.myshopify.com [http://shellyshop2025.myshopify.com/], provides distinctive pieces created with genuine artistic sensibility for shoppers tired of…
I Dream of Sugar Brings Fresh Local Flavor to Nassau with All New Slushie Creati …
I Dream of Sugar launches fresh, local-inspired slushies in Nassau, offering a sweet, refreshing twist on classic flavors.
Nassau, Bahamas - In response to the growing demand for refreshing, local, and innovative treats, I Dream of Sugar, Nassau's beloved candy, ice cream, and restaurant destination, is excited to announce the launch of its new line of slushie creations. These vibrant and tropical beverages are designed to keep locals and visitors cool…
More Releases for Boulder
The Boulder Group Arranges Sale of Net Leased Chicago Chipotle
The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant Chipotle located at 2935 West Peterson Avenue, in Chicago, Illinois for $2,631,589.
The 2,160 square-foot building is located along Peterson Avenue which experiences 32,100 vehicles per day and is just two blocks east of Lincoln Avenue (28,100 VPD). The property is positioned in an affluent northern neighborhood with more than 427,000 residents within a three-mile…
Expert Garage Door Repair and Installations: Strongdoor Garage Of Boulder Expand …
Image: https://www.globalnewslines.com/uploads/2025/05/1747791049.jpg
Strongdoor Garage Of Boulder opens in Boulder, providing fast, reliable garage door repair, installation, maintenance, and 24/7 emergency services with transparent pricing.
Strongdoor Garage Of Boulder, a trusted name in residential and commercial garage door repair [https://strongdoorgarage.com/garage-door-repair-denver-co/] and installation services, has opened a new location in Boulder, Colorado. With years of industry experience, the company provides reliable, efficient, and high-quality solutions for homeowners and businesses in the area with…
The Boulder Group Arranges Sale of Net Leased Springfield Clinic
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The buyer is a commercial real estate investment firm located in Utah. The seller is a private investor located in New Jersey.
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant Springfield Clinic property located at 1000 W Morton Avenue in Jacksonville, IL for $1,342,588.
The 7,000-square-foot building benefits from…
Five Star Painting of Boulder Expands Services to Longmont, Colorado
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726063724.jpeg
Five Star Painting of Boulder is proud to announce its expanding professional painting services to the Longmont area. Known for delivering high-quality, reliable, and affordable painting solutions, the company now offers specialized exterior painting services to meet the growing demand in Longmont.
This expansion aims to provide Longmont residents and businesses with top-tier exterior painting services tailored to enhance curb appeal and property value. With a team of skilled…
Boulder Wellness Launches Organic Balms and Calming Supplements
Boulder Wellness introduces a range of natural wellness products, including organic balms, calming supplements, and pet treats. These handcrafted, plant-based offerings promote relaxation, skin nourishment, and stress relief for both humans and pets using ingredients like lavender, melatonin, and L-theanine.
Boulder, CO - Boulder Wellness has unveiled a new line of natural wellness products designed for both humans and pets. With a strong commitment to organic, plant-based ingredients, the company has…
Meadowlark Optics Acquires Boulder Nonlinear Systems
FREDERICK, CO, May 1, 2023 - Meadowlark Optics (Meadowlark) announces its acquisition of Boulder Nonlinear Systems (BNS.) Both companies are based in Colorado and produce cutting-edge optical components used in multiple branches of scientific research and industry. Meadowlark previously purchased the commercial Spatial Light Modulator business from BNS in 2014. The latest acquisition combines products, research, and expertise under one roof.
"Both Meadowlark and BNS have storied histories of…
