Press release
The Boulder Group Arranges The Sale of Net Leased Dollar General Market in Indiana
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant Dollar General Market located at 3451 West 37th Avenue in Hobart, Indiana for $2,139,318.
The newly constructed building is the larger and highly coveted 12,480 SF prototype. The Dollar General Market lease is NNN and has 15 years remaining. The lease features 5% rental escalations every five years throughout the primary term and at all five of the 5-year renewal options.
The property has a desirable location along West 37th Avenue (19,800 VPD), just 1/2 mile east of I-65 (110,033 VPD) and less than 2 miles from I-94 (169,885 VPD). Nearly 123,000 people live within a 5-mile radius of the property, and the average household income exceeds $67,000 within 5 miles. The property is located within the Chicago MSA, less than 40 miles from downtown Chicago. The property will benefit from limited grocery store and convenience store competition in the surrounding area.
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 is an Indiana-based individual.
Dollar General is an investment-grade rated company with a Standard & Poor's rating of BBB. The company was founded in 1939 and is headquartered in Goodlettsville, Tennessee. Dollar General is ranked #111 on the 2024 Fortune 500 list. Dollar General has over 193,000 employees and operates more than 20,000 stores in 48 states as of August 2024.
"New construction properties with long-term leases to investment-grade tenants in large metro areas are the most sought-after net lease product" said Randy Blankstein, President of The Boulder Group. Jimmy Goodman of The Boulder Group, added, "The market for new construction net leased dollar stores remains active as they offer a stable investment at attractive yields."
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-the-sale-of-net-leased-dollar-general-market-in-indiana]
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 The Sale of Net Leased Dollar General Market in Indiana here
News-ID: 4008767 • Views: …
More Releases from ABNewswire
Willow Creek Coffee Company Pioneers Roast-to-Order Model Bringing Cafe Quality …
Artisan coffee roaster Willow Creek Coffee Company launches nationwide delivery of freshly roasted beans sourced globally and roasted upon order. The sustainable business model builds community around exceptional coffee while revolutionizing freshness standards in specialty coffee.
Willow Creek Coffee Company emerges in the competitive specialty coffee landscape with a compelling proposition that prioritizes freshness, quality, and community building over conventional retail distribution models. The company's launch at willowcreekcoffeecompany.com introduces coffee lovers…
New analysis reveals why leading B2B companies dominate ChatGPT search results
After analyzing over 800,000 AI citations, marketing expert Sebastian Ocampo reveals why 89% of B2B buyers now use AI to research vendors and why most companies remain invisible. New data shows competitor blogs outperform traditional sources 56% of the time in ChatGPT results. Ocampo shares his five-step framework for capturing AI search visibility before your market gets locked out by early movers.
SWITZERLAND - Oct 31, 2025 - According to Sebastian…
Astral Signature Revolutionizes Sustainable Fashion with Mindfulness-Inspired De …
New lifestyle brand Astral Signature combines print-on-demand technology with astrology and self-growth themes to serve conscious consumers across North America. The company's expansion includes Amazon launch and exclusive 2026 World Cup collections targeting purpose-driven fashion seekers.
Astral Signature establishes itself as a pioneering force in conscious fashion following its 2025 launch that brings mindfulness-inspired apparel to intentional consumers throughout the United States, Mexico, and Canada. The brand's rapid expansion across astralsignature.com,…
Quest Auto Sales Transforms Used Cars for Sale Market with a Customer-First Fina …
Quest Auto Sales at 4501 L St, Omaha, offers flexible financing and transparent pricing on pre-owned vehicles, driving growth through customer referrals and personalized service in the local market.
The pre-owned vehicle market in Omaha is shifting as Quest Auto Sales [https://www.questautosales.com/] introduces a financing approach that prioritizes customer needs over rigid sales quotas. Located at 4501 L St in Omaha, NE 68117, the dealership has built its reputation on flexible…
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…
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…
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…
