Jimmy Goodman
Dollar Stores See Rising Cap Rates
The latest report from The Boulder Group attributes rising cap rates in part to a drop in the average remaining lease term at some stores. Meanwhile, institutional investors continue to lose interest in the sector, which nonetheless remains healthy.
Boulder Group Brokers Retail Property Sale
The transaction closed at $2.5 million. The 13,122-square-foot asset is located in Niles, Ill., and is fully leased by MobilityWorks, a provider of wheelchair accessible vans.
Louisiana Triple Net Lease Dollar General Changes Hands
The 10,640-square-foot building traded for $1.3 million. The Dollar Tree lease featuring no landlord responsibilities is set to expire in 2031.
Chicago Retail Center Sells for $24M
Archer Station is fully leased to a tenant roster including Ross Dress for Less, LA Fitness, AT&T Wireless and Athletico Physical Therapy.
Louisiana Triple Net Leased Property Changes Hands
The single tenant property traded for approximately $1.2 million.
The Boulder Group Closes Walgreens Sale for $5M
Walgreens recently signed a 10-year lease extension for this location.
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