The Boulder Group Arranges Sale of Single Tenant Net Leased Merchant’s Tire

The Boulder Group Arranges Sale of Single Tenant Net Leased Merchant’s Tire

(Northbrook, IL- December 15, 2017) – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Merchant’s Tire property located at 215 Hillcrest Parkway in Chesapeake, Virginia for $3,150,000.

Merchants Tire Chesapeake VA

Merchant’s Tire is the sole occupant of the 6,922 square foot retail building that was developed in 2013. The property is located along the Chesapeake Expressway, the primary thoroughfare in the area and a dominant retail corridor. The Merchant’s Tire is positioned as an outparcel to a Walmart Supercenter anchored development surrounded by a number of national retailers such as Target, The Home Depot, Anytime Fitness, Verizon Wireless, Buffalo Wild Wings, Chick-fil-A, McDonald’s and Wawa. The property is located in an affluent area of Chesapeake with average household incomes exceeding $128,000 annually within a three-mile radius. Chesapeake is the third-most populous city in Virginia.

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The Boulder Group Arranges Sale of Single Tenant Net Leased Merchant’s Tire

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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

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