Press release
The Boulder Group Arranges Sale of Net Leased Subway property in Michigan
The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant Subway located at 9350 Telegraph Road in Redford, Michigan for $550,000.
The 1,680 square-foot building benefits from its location along Telegraph Road which experiences over 64,000 vehicles per day. The property shadow anchors Redford Plaza Shopping Mall. Tenants occupying the center include Dollar Tree, Foot Locker, AutoZone, Burlington, GNC, and Octapharma Plasma. Other neighboring retailers include ALDI, Ford, Starbucks, Dunkin', and Walgreens. Additionally, the property is located less than 20 minutes west of downtown Detroit. There are 350,000+ people living within a five mile radius that earn an average household income of $75,608.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented both sides in the transaction. The seller was a private real estate firm based in California. The buyer was a local investor.
The tenant has been successfully operating at this location since 2008. The lease is absolute triple net with no landlord responsibilities. Subway is a globally recognized fast-food restaurant chain specializing in submarine sandwiches (subs) and salads. Founded in 1965 by Fred DeLuca and Dr. Peter Buck, Subway is renowned for its customizable sandwiches. With over 37,000 locations in more than 100 countries, Subway has become a popular choice for quick, convenient, and personalized meals.
"The corporate guaranty and low absolute rent provided solid fundamentals for potential investors." said Randy Blankstein, President of The Boulder Group. Jimmy Goodman of The Boulder Group, added, "The low price-point of this deal generated over a dozen offers despite the current market conditions."
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 2013-2024, 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.
More info: 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-subway-property-in-michigan]
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 Subway property in Michigan here
News-ID: 3555494 • Views: …
More Releases from ABNewswire
Bedrock Restoration - Water Fire Mold Damage Service, Expands Water Damage Repai …
Water Fire Mold Damage Service, a trusted provider of property restoration, has announced expanded service offerings to meet the growing demand for professional water damage solutions in the region. Known for their reliable, customer-focused approach, the company continues to support both homeowners and businesses in recovering from unexpected property damage caused by water, fire, or mold.
Responding to a Growing Need for Water Damage Restoration
Property owners across Minnesota are increasingly seeking…
Winkler Kurtz LLP Expands Resources to Handle Increased Demand for Personal Inju …
For individuals searching for personal injury attorneys, the expansion of Winkler Kurtz LLP's team means greater accessibility and reduced wait times for consultations. The firm's deep roots in the Port Jefferson Station community allow them to understand local nuances, such as common accident hotspots and specific regional legal precedents.
Port Jefferson Station has seen a notable rise in personal injury cases, driven by factors such as increased traffic congestion, construction activity,…
Protecting Property Value: Hose Bros Inc Highlights How Professional Power Washi …
For residents searching for power washing near me, Hose Bros Inc offers accessible and reliable services tailored to the Millsboro community. Their local expertise ensures an understanding of regional challenges, such as the impact of salt air on coastal properties or the tendency for humidity to promote mold growth in shaded areas. This knowledge allows them to customize their approach, selecting appropriate pressure levels and cleaning agents for different surfaces.
In…
![Tampa Bay Home Remodeling Costs Guide [2025] Kitchen & Bathroom Renovation Prices](https://cdn.open-pr.com/9/1/914818326_g.jpg)
Tampa Bay Home Remodeling Costs Guide [2025] Kitchen & Bathroom Renovation Price …
A 2025 cost guide to kitchen, bathroom, and full home remodeling in Tampa Bay, featuring expert insights from Craftline Remodeling on pricing, budgeting, and contractor selection.
Market Overview: Understanding Tampa Bay Remodeling Investment Trends
Tampa Bay's home remodeling market has experienced significant cost evolution in 2025, with project expenses varying dramatically across South Tampa, Carrollwood, Seminole Heights, Clearwater, St. Petersburg, and Wesley Chapel based on material choices, project scope, and contractor expertise.…
More Releases for Boulder
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…
The Boulder Group Arranges Sale Leaseback of Wendy's near Chicago
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction.
The Boulder Group, a net leased investment brokerage firm, completed the sale leaseback of a single tenant Wendy's restaurant located at 2962 Kirk Road in Aurora, Illinois for $2,608,695.
The 2,336 square foot property is strategically positioned along Kirk Road (36,100 VPD), which serves as the main retail corridor for the surrounding area. The subject property benefits…
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…
