The Boulder Group, a net leased investment brokerage firm completed the sale of a new construction single tenant Firestone located at 972 Sunbury Road in Delaware, Ohio for $4,973,000.<\/p>\n
The 6,262 square foot building is situated on 1.97-acre outparcel within the Glennwood Commons shopping center, a 72-acre mixed-use development currently consisting of 411,000 square feet. The center is anchored by Meijer and Kohl\u2019s. Additional tenants include Dollar Tree, Pet Supplies Plus, Mattress Firm, Verizon, Aspen Dental, McDonald\u2019s, Raising Cane\u2019s, City Barbeque, Tropical Smoothie Caf\u00e9, and Crumbl. Over 55,000 residents live within a five-mile radius of the property, with an average household income exceeding $117,000. The site is strategically located along Sunbury Road, which sees more than 25,000 vehicles per day. The property is also just minutes from the Kroger Great Lakes Distribution Center, a pivotal hub in Kroger\u2019s Midwest supply chain.<\/p>\n
Randy Blankstein and Jimmy Goodman of The Boulder Group represented both sides in the transaction. The seller is a preferred nationwide developer, and the buyer was a private family based in the Midwest.<\/p>\n
Today, Firestone Complete Auto Care is one of America’s largest automotive service networks, with over 1,700 locations nationwide staffed by thousands of ASE-certified technicians. From oil changes, brake repairs, alignments, batteries, and diagnostics to tire sales.<\/p>\n
\u201cNew construction properties with long term leases to e-commerce resistant tenants are some of the most sought-after net lease product\u201d said Randy Blankstein, President of The Boulder Group.\u00a0 Jimmy Goodman of The Boulder Group, added, \u201cAuto parts service tenants garner significant interest from both the public and private sector investors.\u201d<\/p>\n