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HOLDEN BEACH, NC.-A Walgreen’s building has traded for $4.4 million in a small beach town halfway between Wilmington, NC and Myrtle Beach, SC. Walgreen’s has 24 years left on the lease.

The Boulder Group, a net leased investment brokerage firm in Northbrook, IL, brokered the sale. Boulder Group’s Randy Blankstein and Jimmy Goodman represented the buyer and seller in the transaction. The seller was an unidentified North Carolina developer. The purchaser was a Chicago-based private investor in a 1033 exchange.

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