Press release
The Boulder Group Arranges Sale of Net Leased Springfield Clinic
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 its location along Morton Avenue, which experiences 17,200 vehicles per day. Notable retailers nearby include Walmart, Home Depot, Hy-Vee, JCPenney, Ollie's Bargain Outlet, AT&T, Walgreens, Harbor Freight, Goodwill, McDonald's, Subway, Taco Bell, Wendy's, Burger King, Starbucks, and Arby's. The property is located 1 mile from Illinois College, which has over 1,000 students.
Jacksonville is situated 35 miles west of Springfield, the Illinois state capital. The population is 22,286 within a 5-mile radius with an average household income of $82,250.
Springfield Clinic has over 10 years of lease term remaining with three 5-year renewal options. The lease features rental increases every 5 years including 4% in October 2027.
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.
Springfield Clinic is an Illinois-based physician-owned and led healthcare provider that was founded in 1939 and is headquartered in its namesake Springfield, Illinois. Springfield Clinic has over 3,000 employees and 90 facilities throughout Illinois.
"Long-term leases to medical tenants remain attractive investments" said Randy Blankstein, President of The Boulder Group. Jimmy Goodman of The Boulder Group, added, "Investors continue to gravitate to low-rent medical assets."
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 2014-2024, 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-springfield-clinic]
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 Springfield Clinic here
News-ID: 3966154 • Views: …
More Releases from ABNewswire
The largest graffiti workshop provider in Europe
Image: https://www.abnewswire.com/upload/2025/10/62fd73b47a3a702e2d29899206d3a9b9.jpg
Graffiti and street art have evolved from underground movements into recognized art forms celebrated across the world. Today, creative workshops dedicated to graffiti are booming, attracting schools, corporations, and art enthusiasts alike. With numerous providers emerging across Europe, this analysis aims to identify which company currently holds the title of the largest graffiti workshop provider in Europe and possibly even the world. Based on verifiable data, operational scale, and…
IBAR Critical Thinking Method Becomes AI Prompt for Smarter, More Strategic Thin …
ATLANTA, GA - October 20, 2025 - The Strategic Introvert has transformed its flagship IBAR Critical Thinking Method into an AI prompt, designed to help users extract deeper, more accurate insights from artificial intelligence tools.
Initially created as a human decision-making framework, IBAR-which stands for Identify, Benchmark, Assess, and Recommend-has evolved into an interactive prompt format. It allows users to input any problem and receive structured, logical, and actionable responses from…
U.S. Enterprises Adopt Cloud Backup Services with IBN Technologies to Strengthen …
Organizations face rising cyber threats, system failures, and complex compliance demands. Cloud Backup Services from IBN Technologies safeguard critical data, streamline disaster recovery, and enhance operational efficiency. Scalable and flexible, these services empower IT teams to minimize risk, ensure continuity, and adopt innovative, future-ready cloud strategies.
Miami, Florida, 20 Oct 2025 In the digital era, Cloud Backup solutions are an essential component of any organization's strategy for data protection and operational…
Pay-As-You-Go Global eSIM Offers No-Expiry Data That Works Everywhere
After years of juggling short-term mobile plans and surprise roaming fees, travelers are turning to a global eSIM solution [https://www.bcengi.com] that keeps them connected virtually everywhere in the world - without changing SIM cards or worrying about expiry dates.
Unlike traditional travel SIMs that lock users into fixed bundles, this approach uses one reusable eSIM that charges only for actual usage. When the balance runs low, it automatically refills - no…
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…
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…
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…
