Net Leased New Mexico Family Dollar Sale Arranged Date June 5, 2019
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant New Mexico Family Dollar located at 1400 Gibson Road in Albuquerque, New Mexico for $1,740,000.
The 8,320 square foot New Mexico Family Dollar property is located along a primary east-west thoroughfare just off of Interstate 25. Retailers in the immediate area include Chick-fil-A, Buffalo Wild Wings, Chili’s, IHOP, Burger King and 7-Eleven. The Family Dollar is also located in close proximity to Albuquerque International Sunport.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the buyer in the transaction; a local investor. The seller was a private developer.
“Well located Family Dollar single tenant assets with solid real estate fundamentals continue to be in the greatest demand” said Randy Blankstein, President of The Boulder Group. Jimmy Goodman, Partner of The Boulder Group, added, “The market for net leased dollar stores remains active.”
About The Boulder Group
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 $5 billion of single tenant net lease real estate transactions. From 2012-2018, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago. www.bouldergroup.comBack