The Boulder Group Arranges Sale of Net Leased Alabama Fast Pace Health

The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant Fast Pace Health located at 2451 D'Iberville Drive North in Mobile, Alabama for $3,071,000.
The 3,726 square-foot building benefits from its position along Cottage Hill Road, which experiences over 20,500 vehicles per day. The asset also benefits from its proximity to a longstanding Walmart Supercenter that draws continual traffic through the corridor. Other retailers that occupy the corridor include a new construction Publix, Walgreens, Goodwill, Whataburger, McDonald's, and several others. There are over 95,900 people living within a five-mile radius of the asset. Additionally, the surrounding population within a three-mile radius earns a six-figure average household income of $114,068.

Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller is a nationwide real estate developer, and the buyer is a private investor in a 1031 exchange.

Fast Pace Health is an American healthcare company specializing in urgent care, primary care, and behavioral health services across rural and underserved communities. Founded in 2009 in Waynesboro, Tennessee, the company began as a single walk-in clinic and has grown into one of the largest rural urgent care providers in the United States.

"New construction properties with long term leases to e-commerce resistant tenants are some of the most sought-after net lease product" said Randy Blankstein, President of The Boulder Group. Jimmy Goodman of The Boulder Group, added, "The property captures steady consumer traffic driven by the adjacent Walmart, one of the area's primary retail anchors."

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 2013-2024, 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.

www.bouldergroup.com [http://www.bouldergroup.com/]

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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-alabama-fast-pace-health]
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

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