{"id":2988,"date":"2025-07-01T21:37:54","date_gmt":"2025-07-01T21:37:54","guid":{"rendered":"https:\/\/www.bouldergroup.com\/blog\/?p=2988"},"modified":"2025-07-01T21:37:54","modified_gmt":"2025-07-01T21:37:54","slug":"net-leased-7-eleven-sold-2","status":"publish","type":"post","link":"https:\/\/www.bouldergroup.com\/blog\/net-leased-7-eleven-sold-2\/","title":{"rendered":"Net Leased 7-Eleven Sold"},"content":{"rendered":"<p>The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant 7- Eleven located at 1610 Walnut Avenue in Hanover Park, IL, for $885,000.<\/p>\n<p>The 2,542-square-foot property is strategically positioned just west of Barrington Road (28,500 VPD) and 1 mile from the Elgin-O\u2019Hare Tollway (69,000 VPD). The property is located in a densely populated and affluent area, with a population exceeding 268,000 within a 5-mile radius and an average household income of $119,836. Nearby retailers include Walmart, Menards, Harbor Freight Tools, LA Fitness, Tony\u2019s Fresh Market, McDonald\u2019s, Starbucks, and Bank of America.<\/p>\n<p>Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The buyer is a local private investor and the seller is a Chicago-based full-service real estate development and management company.<\/p>\n<p>The tenant has operated at the property since 1999 and recently signed a new ten-year lease extension through December 2034. The NNN lease features 10% rent increases every 5 years and two 5-year renewal options. 7-Eleven is an investment grade rated company with a Standard &amp; Poor\u2019s rating of A.<\/p>\n<p>\u201cProperties with low rent and recent lease extensions to investment grade tenants with rental escalations are the most sought-after net lease product\u201d said Randy Blankstein, President of The Boulder Group.\u00a0 Jimmy Goodman of The Boulder Group, added, \u201cThe market for net leased C-stores remains active.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant 7- Eleven located at 1610 Walnut Avenue in Hanover Park, IL, for $885,000. The 2,542-square-foot property is strategically positioned just west of Barrington Road (28,500 VPD) and 1 mile from the Elgin-O\u2019Hare Tollway (69,000 VPD). The property is located [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[388],"tags":[],"class_list":["post-2988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-lease-sold"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Net Leased 7-Eleven Sold - The Boulder Group<\/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.bouldergroup.com\/blog\/net-leased-7-eleven-sold-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Net Leased 7-Eleven Sold - The Boulder Group\" \/>\n<meta property=\"og:description\" content=\"The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant 7- Eleven located at 1610 Walnut Avenue in Hanover Park, IL, for $885,000. The 2,542-square-foot property is strategically positioned just west of Barrington Road (28,500 VPD) and 1 mile from the Elgin-O\u2019Hare Tollway (69,000 VPD). The property is located [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bouldergroup.com\/blog\/net-leased-7-eleven-sold-2\/\" \/>\n<meta property=\"og:site_name\" content=\"The Boulder Group\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BoulderGroup\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-01T21:37:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bouldergroup.com\/blog\/wp-content\/uploads\/2025\/07\/Press-Photo-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1800\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Randy B.\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@thebouldergroup\" \/>\n<meta name=\"twitter:site\" content=\"@thebouldergroup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Randy B.\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/net-leased-7-eleven-sold-2\/\",\"url\":\"https:\/\/www.bouldergroup.com\/blog\/net-leased-7-eleven-sold-2\/\",\"name\":\"Net Leased 7-Eleven Sold - The Boulder Group\",\"isPartOf\":{\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/#website\"},\"datePublished\":\"2025-07-01T21:37:54+00:00\",\"dateModified\":\"2025-07-01T21:37:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/#\/schema\/person\/d0659a98645d2414d13cc9b2de3bc419\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/net-leased-7-eleven-sold-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bouldergroup.com\/blog\/net-leased-7-eleven-sold-2\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/net-leased-7-eleven-sold-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.bouldergroup.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Net Leased 7-Eleven Sold\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/#website\",\"url\":\"https:\/\/www.bouldergroup.com\/blog\/\",\"name\":\"The Boulder Group\",\"description\":\"Net Lease Properties For Sale\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.bouldergroup.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/#\/schema\/person\/d0659a98645d2414d13cc9b2de3bc419\",\"name\":\"Randy B.\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a234b06fc5b80d1ced7d37f9f522619e4db2c7bee14c321130762123c2b703b3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a234b06fc5b80d1ced7d37f9f522619e4db2c7bee14c321130762123c2b703b3?s=96&d=mm&r=g\",\"caption\":\"Randy B.\"},\"sameAs\":[\"http:\/\/www.bouldergroup.com\"],\"url\":\"https:\/\/www.bouldergroup.com\/blog\/author\/randy\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Net Leased 7-Eleven Sold - The Boulder Group","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bouldergroup.com\/blog\/net-leased-7-eleven-sold-2\/","og_locale":"en_US","og_type":"article","og_title":"Net Leased 7-Eleven Sold - The Boulder Group","og_description":"The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant 7- Eleven located at 1610 Walnut Avenue in Hanover Park, IL, for $885,000. 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