Press release
The Boulder Group Arranges Sale Leaseback of Wendy's near Chicago
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 from its location as an outparcel to Walmart. Additional national retailers nearby include Walgreens, Starbucks, Dunkin', McDonald's, Chipotle, Panera, Taco Bell, Domino's, Goodwill, Advance Auto Parts, Verizon, BP, Take 5, and Physicians Immediate Care.
The property is located within the Chicago MSA, ranked #3 in the United States by population. There are over 181,000 people living within 5 miles of the property.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller is an Illinois-based private corporation and the buyer is a New York-based private real estate investor.
The brand new 20-year lease is NNN and features 10% rental escalations every 5 years. The property has a robust rent-to-sales ratio and is occupied by an established franchisee.
Wendy's was founded in 1969 by Dave Thomas in Columbus, Ohio. Wendy's is best known for its made-to-order hamburgers, using fresh, never frozen beef. Today, Wendy's and its franchisees employ hundreds of thousands of people across more than 7,000 restaurants worldwide with a vision of becoming the world's most thriving and beloved restaurant brand.
"QSR assets with nationally recognized tenants continue to attract private investors," said Randy Blankstein, President of The Boulder Group. Jimmy Goodman, Partner of The Boulder Group, added, "Long term leased assets with rental escalations are at the forefront of real estate demand."
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.
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-leaseback-of-wendys-near-chicago]
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 Leaseback of Wendy's near Chicago here
News-ID: 3660097 • Views: …
More Releases from ABNewswire
License Restoration Lawyer Paul J. Tafelski Releases Article Advocating for Indi …
Paul J. Tafelski (https://www.michigandefenselaw.com/license-restoration-lawyer/), a prominent Oakland County license restoration lawyer at Michigan Defense Law, is dedicated to helping individuals in Michigan regain their driving privileges. Through extensive legal experience and a compassionate approach, Tafelski has successfully represented numerous clients in their efforts to restore their driver's licenses after a suspension or revocation. As license restoration cases can have a profound impact on a person's daily life and future opportunities,…
Connecticut Divorce Lawyer Frank G. Corazzelli Releases Article Offering Tips fo …
Divorce is challenging for everyone involved, but children often bear the brunt of the emotional turmoil. Frank G. Corazzelli (https://www.mcconnellfamilylaw.com/3-ways-to-make-divorce-less-stressful-for-your-kids/), a Connecticut divorce lawyer with McConnell Family Law Group, shares valuable insights on how to make the process less stressful for children. By implementing effective strategies, Corazzelli emphasizes that parents can help ensure a smoother transition for their kids during such a difficult time.
As a seasoned Connecticut divorce lawyer, Frank…
ChezvousStyle.com, the Go-To Online Store for Quality and Affordable Products in …
Empire di Sousa Kennys, a Florence-based company founded in 2019, is excited to announce the launch of CHEZVOUSSTYLE.COM [https://chezvousstyle.com/], a new e-commerce platform designed to deliver high-quality products at unbeatable prices to customers across Italy. Specializing in a wide range of products, from fashion and accessories to home goods, CHEZVOUSSTYLE.COM is committed to providing an exceptional shopping experience that combines value, style, and convenience.
Why Shop at CHEZVOUSSTYLE.COM?
At CHEZVOUSSTYLE.COM [https://chezvousstyle.com], the…
Top 5 Customized Gifts for Loved Ones
Image: https://www.abnewswire.com/uploads/de95a446da84888059e5809e35fd8418.jpg
As we all look for ways to spoil our family and friends; personalizing the gifts that one intends to give will not be a bad idea at all. Personalized gifts display that you took your time and energy to think, create and prepare a gift for the recipient. Whether it is for a birthday or an anniversary, or simply to appreciate someone's efforts, there isn't a better way of…
More Releases for Boulder
Non-GMO Food Market is Booming Worldwide with Hormel Foods, Chipotle, Boulder Br …
Latest published market study on Global Non-GMO Food Market provides an overview of the current market dynamics in the Non-GMO Food space, as well as what our survey respondents—all outsourcing decision-makers—predict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that are in coverage…
Boulder, Colorado Photographer Named Diamond Medalist at International Photograp …
BOULDER, CO – Barbara MacFerrin of Barbara MacFerrin Photography in Boulder, CO was named a Diamond Medalist during Professional Photographers of America's 2020 International Photographic Competition. MacFerrin’s work will be on display at the upcoming Imaging USA, held virtually January 17-19, 2021. Imaging USA is one of the largest annual conventions and expos for professional photographers.
A panel of 36 eminent jurors from across the United States selected the top photographs…
Superfoods Market to Watch: Spotlight on Ardent Mills, ADM, Boulder Brands, Kraf …
A New business Strategy report released by HTF MI with title Global Superfoods Market Study Forecast till 2026 . This Global Superfoods market report brings data for the estimated year 2020 and forecasted till 2026 in terms of both, value (US$ MN) and volume (MT). The report also consists of forecast factors, macroeconomic factors, and a market outlook of the Superfoods market. The study is conducted by applying both top-down…
Gluten Free Food Market - Product Applications 2025 | Boulder Brands Inc, Dr Sch …
Global Gluten Free Food Market: Snapshot
Gluten-free foods have grown in prominence in the recent few years boasting of a formidable consumer base in a number of developed and developing countries. The swelling consumer base is supported by the burgeoning population in these regions preferring gluten-free food items. This is largely attributed to a rapidly growing number of people of gluten sensitivity in various parts of the world and the widening…
Colorado Wedding Photographer Shea McGrath Photography Participates in Boulder W …
Shea McGrath, renowned Colorado Wedding Photographer, participated in the 2018 Boulder Wedding Showcase this winter. The show took place on January 28th ,2018 11am-2pm at The Boulder Theater, 2032 14th St, Boulder, CO 80302. McGrath noted, “It was a great opportunity to speak with engaged couples about their dreams of the ultimate wedding. A wedding is a very special event and I wish to do my part in making it…
Peanut Butter Market 2017 - Procter & Gamble, Unilever, Boulder Brands, Kraft Ca …
Apex Research, recently published a detailed market research study focused on the "Peanut Butter Market" across the global, regional and country level. The report provides 360° analysis of "Peanut Butter Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Peanut Butter industry, and estimates the future trend of Peanut Butter market on…
