The Boulder Group Arranges Sale of Single Tenant Net Lease Jiffy Lube Portfolio

(Northbrook, IL- May 30, 2017) –- (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of two single tenant net leased Jiffy Lube locations in Indiana for $2,400,000.

The two Jiffy Lube locations are newly renovated and recently added additional drive-in bays exemplifying the tenants’ commitment to the locations.  There are more than 15 years remaining on the Jiffy Lube leases which expire December 14, 2032. The two absolute triple net leases feature annual rental escalations in the primary term and in each of their two 5-year renewal option periods. The tenant is an experienced Jiffy Lube operator throughout the states of Indiana and Kentucky.

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The Boulder Group

The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds.

Founded in 1997, the firm has arranged the acquisition and disposition of over $2.1 billion of single tenant net lease real estate transactions. In 2010-2014, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by Real Capital Analytics. The Boulder Group is headquartered in suburban Chicago

Contact:

Phone: 847-562-0003

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