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Broker

Randy Blankstein

The Boulder Group (HQ)
Net Lease Investment Sales
President
  • 72Active Listing
  • 0Under Contract
  • 30Sold Transactions

President of The Boulder Group, Blankstein is a senior commercial real estate executive with over 30 years of experience focused on advisory services in the single tenant net lease sector. Led The Boulder Group to a top 10 company national ranking for single tenant retail transactions by both CoStar and Real Capital Analytics from 2010-2021. Founded and managed net leased companies on both the advisory and principal sides that have been involved in over $7 billion in single tenant transactions. Currently, Blankstein is the Chair of the Net Lease Summit Conference and in 2021, has made 12 podcast guest appearances. The majority of these can be found on Spotify at https://open.spotify.com/search/%22randy%20blankstein%22

IL 471005983
3520 Lake Ave, Ste 203 Wilmette, IL 60091

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12440 Hwy 31 W, Tyler, TX , 75709
  • Size SF3,000
  • Built/Renov1984
  • Price/SF$1,495
  • Lease Start07-01-2020
  • Rent/SF$80.00
  • Lease Type Abs NNN
  • Lot/AC3.62
  • Pop 5MI63,601

4,485,981

  • Cap Rate 5.35%
  • NOI $240,000
  • R. Term/Yrs 11.6
  • Guarantor Corp R + T
  • # Units 83,282
  • Near major nationals

  • Highway location

  • Major MSA

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant 7-Eleven
  • Guarantor Corp T and Rated
  • #Units 83,282
  • Moody's/S&P Baa2/ A
  • Stock OTCMKTS: SVNDY
4056 Fouraker Road, Jacksonville, FL , 32210
  • Size SF9,600
  • Built/Renov2023
  • Price/SF$427
  • Lease Start02-01-2024
  • Rent/SF$27.08
  • Lease Type Abs NNN
  • Lot/AC2.20
  • Pop 5MI182,233

4,094,551

  • Cap Rate 6.35%
  • NOI $260,004
  • R. Term/Yrs 15.1
  • Guarantor Corporate
  • # Units 100
  • New construction

  • Signalized intersection

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant Kid City USA
  • Guarantor Corporate
  • #Units 100
  • Stock Private
14680 State Highway 31 West, Brownsboro, TX , 75756
  • Size SF4,085
  • Built/Renov1999
  • Price/SF$1,030
  • Lease Start06-15-2020
  • Rent/SF$55.08
  • Lease Type Abs NNN
  • Lot/AC1.11
  • Pop 5MI63,601

4,205,607

  • Cap Rate 5.35%
  • NOI $225,000
  • R. Term/Yrs 11.6
  • Guarantor Corp R + T
  • # Units 83,282
  • Signalized intersection

  • Strategically located

  • Highway location

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant 7-Eleven
  • Guarantor Corp T and Rated
  • #Units 83,282
  • Moody's/S&P Baa2/ A
  • Stock OTCMKTS: SVNDY
3301 North Belt Line Road, Irving, TX , 75062
  • Size SF2,205
  • Built/Renov2023
  • Price/SF$1,207
  • Lease Start05-22-2023
  • Rent/SF$65.76
  • Lease Type Double NN
  • Lot/AC0.55
  • Pop 5MI247,922

2,660,550

  • Cap Rate 5.45%
  • NOI $145,000
  • R. Term/Yrs 9.5
  • Guarantor Corp R + T
  • # Units 36,000
  • Recent renovation

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 36,000
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
1204 Whitley Avenue, Corcoran, CA , 93212
  • Size SF2,000
  • Built/Renov2023
  • Price/SF$1,684
  • Lease Start12-18-2023
  • Rent/SF$84.22
  • Lease Type Double NN
  • Lot/AC0.41
  • Pop 5MI23,543

3,368,856

  • Cap Rate 5.00%
  • NOI $168,443
  • R. Term/Yrs 10.0
  • Guarantor Corp R + T
  • # Units 36,000
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 36,000
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
6353 West Fullerton Avenue, Chicago, IL , 60639
  • Size SF99,045
  • Built/Renov1986/2014
  • Price/SF$13
  • Lease Start06-01-2015
  • Rent/SF$1.12
  • Lease Type Double NN
  • Lot/AC930,969.00
  • Pop 5MI930,969

1,268,571

  • Cap Rate 8.75%
  • NOI $111,000
  • R. Term/Yrs 3.2
  • Guarantor Corp R + T
  • # Units 2,390
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Traded and rated company

  • Over 2000 units backed

  • Corporate Guarantee

  • ...
  • Tenant Mattress Firm
  • Guarantor Corp T and Rated
  • #Units 2,390
  • Moody's/S&P B1/ B+
  • Stock JSE: SNH
630 W Northwest Hwy, Arlington Heights, IL , 60004
  • Size SF4,177
  • Built/Renov2023
  • Price/SF$2,492
  • Lease Start06-01-2023
  • Rent/SF$186.93
  • Lease Type Abs NNN
  • Pop 5MI314,187

10,410,947

  • Cap Rate 7.50%
  • NOI $780,821
  • R. Term/Yrs 9.11
  • Guarantor Corp R + T
  • # Units 500
  • New construction

  • Relocation store

  • Strategically located

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant BMO Harris Bank
  • Guarantor Corp T and Rated
  • #Units 500
  • Moody's/S&P A1/ A+
  • Stock NYSE: BMO
6101 West Greenfield Avenue, West Allis, WI , 53214
  • Size SF14,487
  • Built/Renov2008
  • Price/SF$386
  • Lease Start08-01-2008
  • Rent/SF$26.23
  • Lease Type Abs NNN
  • Lot/AC1.54
  • Pop 5MI461,663

5,588,235

  • Cap Rate 6.80%
  • NOI $380,000
  • R. Term/Yrs 9.7
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Hospital close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
200 West Maplewood Lane, Nashville, TN , 37207
  • Size SF14,700
  • Built/Renov2008
  • Price/SF$223
  • Lease Start03-13-2014
  • Rent/SF$12.25
  • Lease Type Abs NNN
  • Lot/AC1.56
  • Pop 5MI159,783

3,275,000

  • Cap Rate 5.50%
  • NOI $180,138
  • R. Term/Yrs 14.6
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • Dense retail corridor

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Recently extended lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
6502 Grape Road, Mishawaka, IN , 46545
  • Size SF50,128
  • Built/Renov1980
  • Price/SF$208
  • Lease Start03-21-2003
  • Rent/SF$15.58
  • Lease Type Abs NNN
  • Lot/AC5.00
  • Pop 5MI143,281

10,410,947

  • Cap Rate 7.50%
  • NOI $780,821
  • R. Term/Yrs 4.3
  • Guarantor Corp R + T
  • # Units 1,138
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Strong demographics

  • Major MSA

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Best Buy
  • Guarantor Corp T and Rated
  • #Units 1,138
  • Moody's/S&P A3/ BBB+
  • Stock NYSE: BBY
707 Lubbock Road, Brownfield, TX , 79316
  • Size SF2,000
  • Built/Renov2023
  • Price/SF$616
  • Lease Start09-08-2023
  • Rent/SF$40.02
  • Lease Type Double NN
  • Lot/AC0.34
  • Pop 5MI10,040

1,231,477

  • Cap Rate 6.50%
  • NOI $80,046
  • R. Term/Yrs 9.9
  • Guarantor Corp R + T
  • # Units 7,994
  • New construction

  • New prototype

  • Near major nationals

  • Highway location

  • Major MSA

  • Income tax free state

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant T-Mobile
  • Guarantor Corp T and Rated
  • #Units 7,994
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: TMUS
301 S Park Blvd, Grapevine, TX , 76051
  • Size SF3,708
  • Built/Renov1991
  • Price/SF$884
  • Lease Start12-13-2008
  • Rent/SF$57.43
  • Lease Type Abs NNN
  • Lot/AC0.99
  • Pop 5MI115,815

3,276,308

  • Cap Rate 6.50%
  • NOI $212,960
  • R. Term/Yrs 5.0
  • Guarantor Corp R + T
  • # Units 285
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Freeway visibility

  • Top 100 MSA

  • Income tax free state

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Prosperity Bank
  • Guarantor Corp T and Rated
  • #Units 285
  • Stock NYSE: PB
526 United Drive, Durham, NC , 27713
  • Size SF39,687
  • Built/Renov1996
  • Price/SF$254
  • Lease Start10-04-2022
  • Rent/SF$12.68
  • Lease Type Double NN
  • Lot/AC5.04
  • Pop 5MI178,455

10,064,620

  • Cap Rate 5.00%
  • NOI $503,231
  • R. Term/Yrs 8.10
  • Guarantor Corp R + T
  • # Units 490
  • Build to suit

  • Near major nationals

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Beacon Roofing Supply
  • Guarantor Corp T and Rated
  • #Units 490
  • Moody's/S&P Ba3/ BB-
  • Stock NASDAQ: BECN
1840 Pineview Drive, Columbia, SC , 29209
  • Size SF6,104
  • Built/Renov1996
  • Price/SF$329
  • Lease Start02-01-2022
  • Rent/SF$19.77
  • Lease Type Double NN
  • Lot/AC1.50
  • Pop 5MI69,041

2,011,017

  • Cap Rate 6.00%
  • NOI $120,661
  • R. Term/Yrs 8.1
  • Guarantor Corp R + T
  • # Units 4,171
  • Build to suit

  • New roof

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Affluent suburb location

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Fresenius Medical Care
  • Guarantor Corp T and Rated
  • #Units 4,171
  • Moody's/S&P Baa3/ BBB-
  • Stock NYSE: FMS
1329 George Dieter Drive, El Paso, TX , 79936
  • Size SF14,820
  • Built/Renov2001
  • Price/SF$443
  • Lease Start08-04-2008
  • Rent/SF$29.92
  • Lease Type Abs NNN
  • Lot/AC1.39
  • Pop 5MI280,788

6,569,526

  • Cap Rate 6.75%
  • NOI $443,443
  • R. Term/Yrs 9.7
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Big Box center

  • Top 100 MSA

  • Income tax free state

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
900 W John Carpenter Fwy, Irving, TX , 75039
  • Size SF2,450
  • Built/Renov2008
  • Price/SF$770
  • Lease Start03-21-2008
  • Rent/SF$48.89
  • Lease Type Abs NNN
  • Lot/AC1.19
  • Pop 5MI241,509

1,886,457

  • Cap Rate 6.35%
  • NOI $119,790
  • R. Term/Yrs 4.3
  • Guarantor Corp Rated
  • # Units 3,551
  • In location for years

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Long operation history

  • Absolute NNN

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Tenant Sonic
  • Guarantor Corp Rated
  • #Units 3,551
  • Moody's/S&P B2/ B+
  • Stock Private
2707 Plainfield Road, Joliet, IL , 60435
  • Size SF3,500
  • Built/Renov2023
  • Price/SF$662
  • Lease Start04-24-2023
  • Rent/SF$37.75
  • Lease Type Double NN
  • Lot/AC0.47
  • Pop 5MI196,494

2,317,982

  • Cap Rate 5.70%
  • NOI $132,125
  • R. Term/Yrs 9.4
  • Guarantor Corp R + T
  • # Units 4,859
  • New construction

  • Build to suit

  • Shopping Ctr out-parcel

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Sherwin-Williams
  • Guarantor Corp T and Rated
  • #Units 4,859
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: SHW
1421 State Street, Lawrenceville, IL , 62439
  • Size SF10,093
  • Built/Renov2005
  • Price/SF$150
  • Lease Start04-01-2005
  • Rent/SF$10.79
  • Lease Type Abs NNN
  • Lot/AC1.03
  • Pop 5MI8,382

1,512,065

  • Cap Rate 7.20%
  • NOI $108,869
  • R. Term/Yrs 6.1
  • Guarantor Corp R + T
  • # Units 9,900
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Strategically located

  • Long operation history

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant CVS Pharmacy
  • Guarantor Corp T and Rated
  • #Units 9,900
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: CVS
11055 South Western Avenue, Chicago, IL , 60643
  • Size SF15,717
  • Built/Renov2002
  • Price/SF$172
  • Lease Start10-19-2023
  • Rent/SF$11.50
  • Lease Type Double NN
  • Lot/AC1.21
  • Pop 5MI449,479

2,696,687

  • Cap Rate 6.70%
  • NOI $180,745
  • R. Term/Yrs 9.10
  • Guarantor Corp R + T
  • # Units 8,134
  • Signalized intersection

  • Hard corner intersection

  • Major thoroughfare

  • Highway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar Tree
  • Guarantor Corp T and Rated
  • #Units 8,134
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR
9341 South Ashland Avenue, Chicago, IL , 60620
  • Size SF12,253
  • Built/Renov2015
  • Price/SF$138
  • Lease Start05-30-2015
  • Rent/SF$10.00
  • Lease Type Double NN
  • Lot/AC0.54
  • Pop 5MI601,632

1,690,069

  • Cap Rate 7.25%
  • NOI $122,530
  • R. Term/Yrs 4.7
  • Guarantor Corp R + T
  • # Units 8,134
  • Hard corner intersection

  • Major thoroughfare

  • Near major nationals

  • Strategically located

  • Strong tenant synergy

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar Tree
  • Guarantor Corp T and Rated
  • #Units 8,134
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR
12905 West 143rd Street, Olathe, KS , 66062
  • Size SF5,792
  • Built/Renov2000
  • Price/SF$380
  • Lease Start11-01-2016
  • Rent/SF$22.79
  • Lease Type Double NN
  • Lot/AC16.99
  • Pop 5MI222,913

2,200,000

  • Cap Rate 6.00%
  • NOI $132,000
  • R. Term/Yrs 9.10
  • Guarantor Corp R + T
  • # Units 590
  • Near major nationals

  • Strategically located

  • Highway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Recently extended lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant SiteOne Landscape Supply, LLC
  • Guarantor Corp T and Rated
  • #Units 590
  • Moody's/S&P Ba1/ BB
  • Stock NYSE: SITE
8501 Indianapolis Boulevard, Highland, IN , 46322
  • Size SF6,000
  • Built/Renov1961/2022
  • Price/SF$257
  • Lease Start12-20-2022
  • Rent/SF$18.00
  • Lease Type NN+
  • Lot/AC0.69
  • Pop 5MI212,054

1,542,857

  • Cap Rate 7.00%
  • NOI $108,000
  • R. Term/Yrs 9.0
  • Guarantor Corporate
  • # Units 4
  • Recent renovation

  • New roof

  • Near major nationals

  • Freeway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent suburb location

  • Favorable NN+ lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant EVCC
  • Guarantor Corporate
  • #Units 4
  • Stock Private
7200 West 87th Street, Bridgeview, IL , 60455
  • Size SF6,894
  • Built/Renov2012
  • Price/SF$539
  • Lease Start10-17-2010
  • Rent/SF$33.70
  • Lease Type Abs NNN
  • Lot/AC0.86
  • Pop 5MI324,617

3,717,120

  • Cap Rate 6.25%
  • NOI $232,320
  • R. Term/Yrs 6.10
  • Guarantor Corp R + T
  • # Units 1,087
  • Signalized intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Fifth Third Bank
  • Guarantor Corp T and Rated
  • #Units 1,087
  • Moody's/S&P Baa1/ A-
  • Stock NASDAQ: FITB
3082 Kirby Whitten Road, Bartlett, TN , 38134
  • Size SF3,700
  • Built/Renov2023
  • Price/SF$787
  • Lease Start03-15-2024
  • Rent/SF$49.19
  • Lease Type NN+
  • Lot/AC0.72
  • Pop 5MI167,500

2,912,000

  • Cap Rate 6.25%
  • NOI $182,000
  • R. Term/Yrs 15.7
  • Guarantor Corporate
  • # Units 235
  • New construction

  • Near major nationals

  • Dense 100M+ pop 5 mi

  • Affluent AHHI $100K 5 Mi

  • Major MSA

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • ...
  • Tenant Fast Pace Urgent Care
  • Guarantor Corporate
  • #Units 235
  • Stock Private
Airpark Avenue, Liberal, KS , 67901
  • Size SF10,640
  • Built/Renov2024
  • Price/SF$179
  • Lease Start02-26-2024
  • Rent/SF$11.42
  • Lease Type Abs NNN
  • Lot/AC1.50
  • Pop 5MI20,271

1,899,188

  • Cap Rate 6.40%
  • NOI $121,548
  • R. Term/Yrs 15.2
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Near major nationals

  • Strategically located

  • Highway close

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
1613 West Pioneer Parkway, Peoria, IL , 61615
  • Size SF6,614
  • Built/Renov2014
  • Price/SF$235
  • Lease Start08-01-2018
  • Rent/SF$17.07
  • Lease Type NN+
  • Lot/AC2.24
  • Pop 5MI91,591

1,556,897

  • Cap Rate 7.25%
  • NOI $112,875
  • R. Term/Yrs 4.7
  • Guarantor Corporate
  • # Units 134
  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Strong tenant synergy

  • Affluent AHHI $100K 5 Mi

  • Major MSA

  • Favorable NN+ lease

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant Byrider
  • Guarantor Corporate
  • #Units 134
  • Stock Private
2711 West George Street, Chicago, IL , 60618
  • Size SF23,442
  • Built/Renov1950
  • Price/SF$261
  • Lease Start01-01-2023
  • Rent/SF$17.62
  • Lease Type Abs NNN
  • Lot/AC1.16
  • Pop 5MI95,636

6,118,519

  • Cap Rate 6.75%
  • NOI $413,000
  • R. Term/Yrs 11.0
  • Guarantor Corporate
  • # Units 2
  • Build to suit

  • In location for years

  • Strategically located

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long operation history

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant 3D Baking
  • Guarantor Corporate
  • #Units 2
  • Stock Private
1973 Forest Avenue, Staten Island, NY , 10303
  • Size SF8,299
  • Built/Renov2008
  • Price/SF$783
  • Lease Start04-01-2006
  • Rent/SF$42.50
  • Lease Type Abs NNN
  • Lot/AC0.66
  • Pop 5MI587,736

6,500,000

  • Cap Rate 5.43%
  • NOI $352,715
  • R. Term/Yrs 8.7
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • Freeway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens (Dark) | Harley Davidson
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
200 North Dixie Highway, Momence, IL , 60954
  • Size SF9,014
  • Built/Renov2005
  • Price/SF$86
  • Lease Start02-01-2005
  • Rent/SF$6.66
  • Lease Type Double NN
  • Lot/AC0.59
  • Pop 5MI6,467

779,221

  • Cap Rate 7.70%
  • NOI $60,000
  • R. Term/Yrs 3.1
  • Guarantor Corp R + T
  • # Units 19,294
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Strategically located

  • Highway location

  • Long operation history

  • Recently extended lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
1565 W Smokey Row Rd, Greenwood, IN , 46143
  • Size SF10,000
  • Built/Renov2023
  • Price/SF$412
  • Lease Start05-01-2023
  • Rent/SF$28.00
  • Lease Type NN+
  • Lot/AC1.05
  • Pop 5MI109,903

4,117,647

  • Cap Rate 6.80%
  • NOI $280,000
  • R. Term/Yrs 19.4
  • Guarantor Corporate
  • # Units 340
  • New construction

  • Near major nationals

  • Freeway close

  • Highway close

  • Dense 100M+ pop 5 mi

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 20+ yr lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • ...
  • Tenant The Learning Experience
  • Guarantor Corporate
  • #Units 340
  • Stock Private
Highway 36 , 66090
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$174
  • Lease Start11-15-2023
  • Rent/SF$11.34
  • Lease Type Abs NNN
  • Lot/AC1.27
  • Pop 5MI15,259

1,842,646

  • Cap Rate 6.50%
  • NOI $119,772
  • R. Term/Yrs 14.11
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Major thoroughfare

  • Strategically located

  • Highway location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Over 2000 units backed

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
15350 94th Avenue, Orland Park, IL , 60462
  • Size SF8,068
  • Built/Renov2000
  • Price/SF$371
  • Lease Start01-01-2023
  • Rent/SF$29.71
  • Lease Type Abs NNN
  • Lot/AC0.76
  • Pop 5MI165,083

2,996,025

  • Cap Rate 8.00%
  • NOI $239,682
  • R. Term/Yrs 14.2
  • Guarantor Corporate
  • # Units 80
  • In location for years

  • Shopping Ctr out-parcel

  • Dense 100M+ pop 5 mi

  • Affluent AHHI $100K 5 Mi

  • Population increase trend

  • Long operation history

  • Recently extended lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant Buca di Beppo
  • Guarantor Corporate
  • #Units 80
  • Stock Private
11477 Jeddo Road, Yale, MI , 48097
  • Size SF10,640
  • Built/Renov2023
  • Price/SF$158
  • Lease Start08-01-2023
  • Rent/SF$10.01
  • Lease Type Abs NNN
  • Lot/AC3.41
  • Pop 5MI5,420

1,677,417

  • Cap Rate 6.35%
  • NOI $106,516
  • R. Term/Yrs 14.7
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Hard corner intersection

  • Major thoroughfare

  • Near major nationals

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
1011 South 2nd Street, Springfield, IL , 62704
  • Size SF8,910
  • Built/Renov1992
  • Price/SF$83
  • Lease Start02-01-2022
  • Rent/SF$7.28
  • Lease Type Modified Gross
  • Lot/AC0.45
  • Pop 5MI121,186

741,771

  • Cap Rate 8.75%
  • NOI $64,905
  • R. Term/Yrs 3.1
  • Guarantor Corp Rated
  • # Units 103
  • New roof

  • Dense 100M+ pop 5 mi

  • Corporate Guarantee

  • Credit rated company

  • Tenant State of IL - Department of Veterans Affairs
  • Guarantor Corp Rated
  • #Units 103
  • Stock Private
110 West Lawrence Avenue, Springfield, IL , 62704
  • Size SF11,020
  • Built/Renov1992
  • Price/SF$83
  • Lease Start11-01-2017
  • Rent/SF$7.23
  • Lease Type Modified Gross
  • Lot/AC0.66
  • Pop 5MI121,186

910,629

  • Cap Rate 8.75%
  • NOI $79,680
  • R. Term/Yrs 3.10
  • Guarantor Corp Rated
  • # Units 103
  • In location for years

  • Major thoroughfare

  • Highway location

  • Dense 100M+ pop 5 mi

  • Long operation history

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Tenant State of Illinois - Department of Healthcare & Family Services
  • Guarantor Corp Rated
  • #Units 103
  • Stock Private
833-835 South Spring Street, Springfield, IL , 62704
  • Size SF20,782
  • Built/Renov1989
  • Price/SF$149
  • Lease Start01-01-2022
  • Rent/SF$13.01
  • Lease Type Modified Gross
  • Lot/AC1.27
  • Pop 5MI121,186

3,090,400

  • Cap Rate 8.75%
  • NOI $270,410
  • R. Term/Yrs 3.0
  • Guarantor Corp Rated
  • # Units 103
  • Hard corner intersection

  • New roof

  • In location for years

  • Highway location

  • Dense 100M+ pop 5 mi

  • Long operation history

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Tenant State of Illinois - Department of Veterans Affairs
  • Guarantor Corp Rated
  • #Units 103
  • Stock Private
2408 10th Street, Menominee, MI , 49858
  • Size SF4,540
  • Built/Renov2018
  • Price/SF$626
  • Lease Start09-17-2018
  • Rent/SF$37.53
  • Lease Type Double NN
  • Lot/AC1.70
  • Pop 5MI22,872

2,840,033

  • Cap Rate 6.00%
  • NOI $170,402
  • R. Term/Yrs 14.9
  • Guarantor Corp Rated
  • # Units 224
  • Build to suit

  • Major thoroughfare

  • Near major nationals

  • Strategically located

  • Highway location

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • Investment grade tenant

  • Credit rated company

  • ...
  • Tenant Aurora Health Center
  • Guarantor Corp Rated
  • #Units 224
  • Moody's/S&P Aa3/ AA
  • Stock Private
1195 Boblett Street, Blaine, WA , 98230
  • Size SF17,340
  • Built/Renov2014
  • Price/SF$450
  • Lease Start02-01-2014
  • Rent/SF$32.51
  • Lease Type Abs NNN
  • Lot/AC1.94
  • Pop 5MI14,911

7,803,131

  • Cap Rate 7.22%
  • NOI $563,727
  • R. Term/Yrs 10.1
  • Guarantor Corp R + T
  • # Units 2,309
  • Signalized intersection

  • Relocation store

  • Major thoroughfare

  • Income tax free state

  • Long operation history

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Rite Aid
  • Guarantor Corp T and Rated
  • #Units 2,309
  • Moody's/S&P Caa2/ CCC+
  • Stock NYSE: RAD
830 South Spring Street, Springfield, IL , 62704
  • Size SF9,630
  • Built/Renov1988
  • Price/SF$143
  • Lease Start08-01-2021
  • Rent/SF$12.51
  • Lease Type Modified Gross
  • Lot/AC0.42
  • Pop 5MI121,186

1,376,697

  • Cap Rate 8.75%
  • NOI $120,461
  • R. Term/Yrs 2.7
  • Guarantor Corp Rated
  • # Units 103
  • In location for years

  • Dense 100M+ pop 5 mi

  • Long operation history

  • Corporate Guarantee

  • Credit rated company

  • Tenant State of Illinois - Council on Developmental Disabilities
  • Guarantor Corp Rated
  • #Units 103
  • Stock Private
822 South College Street, Springfield, IL , 62704
  • Size SF8,307
  • Built/Renov1990
  • Price/SF$100
  • Lease Start09-01-2019
  • Rent/SF$8.72
  • Lease Type Modified Gross
  • Lot/AC0.44
  • Pop 5MI121,186

828,069

  • Cap Rate 8.75%
  • NOI $72,456
  • R. Term/Yrs 0.8
  • Guarantor Corp Rated
  • # Units 103
  • In location for years

  • Dense 100M+ pop 5 mi

  • Long operation history

  • Corporate Guarantee

  • Credit rated company

  • Tenant State of Illinois - Department of Human Services
  • Guarantor Corp Rated
  • #Units 103
  • Stock Private

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