The Boulder Group Arranges Sale of a Triple Net Leased Rite Aid Property
Summary
The Rite Aid is located in a strong retail corridor that features Lowe’s, Kroger, Regions Bank, and Dollar General Market.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.The Rite Aid lease has four years remaining.Randy Blankstein and Jimmy Goodman of The Boulder Group represented both the buyer and seller in the transaction.The buyer was a private investment fund and the seller was a high net worth individual investor.There are approximately four years remaining on the Rite Aid lease that expires in August 2018.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.