Seen as recession-proof and e-commerce resistant, the sector is a target for a wide variety of buyers.
No matter what troubles shake the retail world, investors jump at the chance to pick up grocery stores, especially ones in relatively affluent areas. The Boulder Group, a net leased investment brokerage firm, recently completed the sale of a single tenant net leased Jewel-Osco property located at 199 Brook Forest Ave., in suburban Shorewood, for $13.15 million.
More info at GlobeSt:
Grocery Stores Remain a Hot Commodity