{"id":1004361671,"date":"2019-10-23T07:04:08","date_gmt":"2019-10-23T15:04:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004361671"},"modified":"2025-02-27T22:27:08","modified_gmt":"2025-02-28T06:27:08","slug":"the-boulder-group-arranges-sale-of-metro-atlanta-retail-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/the-boulder-group-arranges-sale-of-metro-atlanta-retail-asset\/","title":{"rendered":"The Boulder Group Arranges Sale of Metro Atlanta Retail Asset"},"content":{"rendered":"
\"1035<\/a>

1035 Lower Fayetteville Rd. Image courtesy of The Boulder Group<\/em><\/p><\/div>\n

The Boulder Group has brokered the sale of a 12,990-square-foot building net leased to CVS in Newnan, Ga., for $4 million. President Randy Blankstein and Partner Jimmy Goodman represented the seller, a Colorado-based individual, in the deal. The buyer was a private investor in a 1031 tax exchange. According to Coweta County records, the asset last traded in 2013 for $3.8 million.<\/p>\n

Situated on nearly 2 acres at 1035 Lower Fayetteville Road, the property is 3.4 miles east of downtown Newnan, close to Interstate 85 and part of a retail corridor that features Publix, Kroger, Walmart, Lowe\u2019s, Home Depot, BJ\u2019s Wholesale, Kohl\u2019s, Ross Dress for Less and TJMaxx. The drugstore is also situated immediately south of Newnan Crossing, a 123-acre mixed-use development including 300 living units.<\/p>\n

CVS Pharmacy will remain the building\u2019s sole tenant until 2033 under a lease with 5-year renewal option. The drugstore serves a population of more than 41,000 living within a 3-mile radius and having an average household yearly income of more than $70,000.<\/p>\n

The Boulder Group recently brokered another retail transaction near New Orleans. The brokerage firm worked on behalf of both parties in the sale of a Goodwill store<\/a>. <\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to deals@cpe-mhn.com<\/strong><\/a>.<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"

President Randy Blankstein and Partner Jimmy Goodman represented the seller in the disposition of a single tenant, 12,990-square-foot building in Newnan, Ga.<\/p>\n","protected":false},"author":870,"featured_media":1004361677,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21783,21742,21749],"tags":[33840,33428,32940],"class_list":["post-1004361671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-investment","category-latest","category-retail","tag-jimmy-goodman","tag-randy-blankstein","tag-the-boulder-group"],"acf":[],"yoast_head":"\nThe Boulder Group Arranges Sale of Metro Atlanta Retail Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/the-boulder-group-arranges-sale-of-metro-atlanta-retail-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Boulder Group Arranges Sale of Metro Atlanta Retail Asset\" \/>\n<meta property=\"og:description\" content=\"President Randy Blankstein and Partner Jimmy Goodman represented the seller in the disposition of a single tenant, 12,990-square-foot building in Newnan, Ga.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/the-boulder-group-arranges-sale-of-metro-atlanta-retail-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-23T15:04:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T06:27:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/10\/CVS-Pharmacy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"975\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Marinescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-boulder-group-arranges-sale-of-metro-atlanta-retail-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/the-boulder-group-arranges-sale-of-metro-atlanta-retail-asset\/\",\"name\":\"The Boulder Group Arranges Sale of Metro Atlanta Retail Asset - 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