Press release
The Boulder Group Arranges Sale of Net Leased Starbucks in the Chicago MSA
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant Dollar General located at 1835 East Belvidere Road in Grayslake, Illinois for $2,825,000.
The 2,278-square-foot building benefits from its location in Grayslake, a northern suburb of Chicago. The property is positioned near the intersection of Belvidere Road and US Highway 45, which see a combined traffic volume of 67,000 vehicles per day. The property is situated near College of Lake County, located less than a five-minute drive away, where 17,600 students were enrolled in 2023. The surrounding area contains over 134,000 residents living within a five-mile radius. Furthermore, the three-mile radius boasts an affluent population with an average household income of $162,044.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller is a Midwest based developer, and the buyer was a private investor from Illinois.
Starbucks Corporation (NASDAQ: SBUX) is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks was founded in 1985 as a local coffee bean roaster and retailer and has grown into the largest coffeehouse company in the world. Starbucks is an investment grade rated company with a Standard & Poor's rating of BBB+.
"New construction properties with long term leases to investment grade tenants with rental escalations are the most sought-after net lease product" said Randy Blankstein, President of The Boulder Group. Jimmy Goodman of The Boulder Group, added, "The buyer was drawn to this deal due to Starbucks' rare self-maintaining lease."
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-starbucks-in-the-chicago-msa]
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
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
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 Starbucks in the Chicago MSA here
News-ID: 3860861 • Views: …
More Releases from ABNewswire
Movers in Cincinnati: Krupp Moving & Storage Announces Major Service Expansion t …
Krupp Moving & Storage has expanded its Cincinnati operations in response to a 35% increase in local moving requests over the past year. Amid Ohio's population shifts, the company has grown its personnel and services to meet rising demand from residents and businesses across the Greater Cincinnati area.
Amid significant population shifts throughout Ohio, Krupp Moving & Storage [http://finance.minyanville.com/minyanville/article/abnewswire-2025-2-17-trusted-cincinnati-movers-krupp-moving-and-storage-provides-seamless-relocation-solutions#:~:text=Cincinnati%20movers] has announced substantial expansions to its Cincinnati operations. The company reports a…
Modern Roofing, Inc.: Expert Roofers in Burbank Transform Southern California's …
Modern Roofing, Inc. has been a trusted name in the Burbank roofing industry for over 20 years, providing expert craftsmanship for residential and commercial properties. Serving Southern California, the company ensures quality roofing solutions that enhance both protection and property value.
Moving into a new home or renovating an existing property requires careful consideration of every structural element, particularly the roof. For property owners in Southern California, finding reliable roofing services…
Austin's Boat Tours Launches New Fleet of Luxury Boat Rental Austin Options for …
Austin's Boat Tours, a family-owned company recognized as the "Official Best of Texas" since 2013, has expanded its fleet with five new luxury vessels. This growth meets the rising demand for premium boat rentals on Lake Travis while enhancing comfort and promoting environmental sustainability for visitors and locals alike.
Austin's Boat Tours [https://austinsboattours.com/#:~:text=boat%20rental], the family-owned operation recognized as the "Official Best of Texas" since 2013, has announced the expansion of its…
Local HVAC Companies Pioneer Advanced Energy Solutions: Anderson Heating, Air & …
Anderson Heating, Air & Insulation celebrates 45 years of delivering exceptional HVAC services to North Georgia. Since 1978, the Calhoun-based company has been a trusted provider in Gordon County and beyond, expanding its service area while maintaining a strong commitment to quality and customer satisfaction.
Anderson Heating, Air & Insulation [https://johnandersonservice.com/] marks a significant milestone this year, celebrating 45 years of providing exceptional heating, ventilation, and air conditioning services to North…
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…
