ATLANTA—A single-tenant net leased CVS in theAtlanta suburb of Decatur, GA has traded hands. The sale price:$3.6 million.
Randy Blankstein and JimmyGoodman of Boulder Group represented theseller, an East Coast based real estate institution, in the deal.The purchaser was a high net worth family trust.
"The market for well-located net lease properties in top MSAs remains active asthese assets are in high demand amongst private investors" saysBlankstein, president of Boulder. The net leasedasset sits at 4037 Glenwood Road, with over 242,000 people livingwithin a five-mile radius earning average annual household incomesof approximately $60,000.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
