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
Sonya Grey Launches "THE MIX" with iHeart Radio, Expanding Her Influence in Ente …
Image: https://www.abnewswire.com/upload/2025/08/b44ac963d0be9b909818079fe937b0f0.jpg
Louisville, Kentucky - 29 August, 2025 - Distinguished entrepreneur and entertainment industry trailblazer Sonya Grey is proud to announce the launch of WKIH 100.2 FM "THE MIX", Louisville's new iHeart Radio station, further solidifying her leadership in media and entertainment. As a strategic owner of the station, Grey continues to expand her groundbreaking contributions, creating new avenues for music, public service, and community impact.
Grey, an African American entrepreneur from…
Global Wealth Coach Anu Wadhwa Saini Honored as a Legendary Woman of Impact Winn …
Paris, France - Anu Wadhwa Saini, globally acclaimed Wealth Coach, entrepreneur, international speaker, bestselling author, investor, and philanthropist, has been named a Legendary Woman of Impact winner-one of the highest honors for visionary women entrepreneurs creating global transformation.
The Legendary Women of Impact Awards, founded by award-winning entrepreneur and four-time TEDx speaker Lori Granito, celebrate purpose-driven leaders who uplift communities, break barriers, and build lasting legacies through innovation and impact. Presented…
ATX Pond Builders Brings Custom Pond Design & Installation Expertise to Austin
Austin, TX - August 29, 2025 - Water features add beauty, tranquility, and value to properties. In Central Texas, ATX Pond Builders has become a trusted name in custom pond and water feature design and installation, helping homeowners and businesses transform their outdoor spaces into serene, sustainable environments.
With over a decade of experience, ATX Pond Builders specializes in pond design [https://atxpondbuilders.com/services/pond-design/] and construction-from naturalistic koi ponds and water gardens to…
Elevate Painting ATX. Enhances Residential and Commercial Painting Services in A …
Austin, TX - August 29, 2025 - A fresh coat of paint can do more than change a wall's color-it can transform how a home or business feels and functions. For property owners in Central Texas, Elevate Painting ATX. has become a reliable provider of residential and commercial painting services, delivering quality craftsmanship that adds value, style, and protection to every project.
With Austin's fast-paced growth, many homeowners and business owners…
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 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…
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…
