SPRINGFIELD, IL—Single-tenant net-leased properties have recently been popular with private investors looking for safe places to park their money. Cap rates have sunk to historic lows, and investors have begun looking outside core areas.

For example, the Boulder Group, a net-leased investment brokerage firm in suburban Chicago, has just completed the sale of a single-tenant McDonald’s ground lease at 3151 S. Dirksen Pkwy. in Springfield, IL, for $766,080.

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