The Boulder Group Arranges Sale of Net Lease Athletico Property

The Boulder Group Arranges Sale of Net Lease Athletico Property

Northbrook, IL – November 29, 2016 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Valvoline property located at 1321 South Breiel Boulevard in Middletown, Ohio for $360,000.

The Valvoline property is positioned just off of a heavily trafficked signalized intersection and is located approximately two miles west from Interstate 75 within the Cincinnati MSA. The property is benefitted from its location within a dominant retail corridor that features Walmart Supercenter, Lowe’s, Meijer, Kroger, Chase Bank, CVS, Walgreens, Kohl’s, Sears, Big Lots, Save-A-Lot, McDonald’s, and others.

There are over 8 years remaining on the Valvoline lease which expires February 1, 2025. The absolute triple net lease features 1.5% annual rental escalations and three 5-year renewal options. Valvoline is a subsidiary of Ashland Inc., an American Fortune 500 company with a market cap in excess of $6 billion.

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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 $2.1 billion of single tenant net lease real estate transactions. In 2010-2014, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by Real Capital Analytics. The Boulder Group is headquartered in suburban Chicago

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Phone: 847-562-0003