The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased NTB property located at 7000 North Freeway in Fort Worth, Texas for $2,675,000.
The 6,753 square foot building is located on an outparcel in front of The Home Depot and benefits from its position at the exit off Interstate 35 West which experiences over 184,000 vehicles per day. Interstate 35 is a primary thoroughfare for the Fort Worth area and leads directly to downtown. The area features a diverse mix of tenants including Crash Champions, Goodwill, 7-Eleven, Taco Bell, Caliber Car Wash, CareNow, Einstein Bro’s, and others. The property is surrounded by a large population, with over 295,000 residents living within a five-mile radius. The average household income within this radius exceeds $105,000.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller was an east-coast based real estate company. The buyer was a Texas-based real estate investor.
National Tire & Battery is a subsidiary of TBC Retail Group. It is headquartered in Juno Beach, Florida and operates more than 730 company-owned stores under the following brands: Tire Kingdom, NTB - National Tire and Battery, and Merchant's Tire and Auto Centers.
“Nationally recognized brands with corporate guaranties are some of the most sought-after net lease products,” said Randy Blankstein, President of The Boulder Group. Jimmy Goodman, Partner of The Boulder Group, added, “Income tax free states like Texas are hot spots for net lease investors.”
About 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 $9 billion of single tenant net lease real estate transactions. From 2013-2023, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.
Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
Email: Send Email
Phone: 8478816388
Address:3520 Lake Avenue Suite 203
City: Wilmette
State: Illinois
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html
