(Northbrook, Illinois – October 31, 2017) – (RealEstateRama) — The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Drug Store Market.
Highlights from the report are as follows:
· Overall cap rates for CVS, Rite Aid and Walgreens properties experienced an increase in cap rates of 14 basis points
· The supply of drug store properties on the market increased by more than 40%
· Drug stores are priced at a 1 basis point premium when compared to the entire net lease retail market
· The Walgreens acquisition of Rite Aid continues to affect transaction volume in the net lease drug store sector
The full report can be viewed online at http://www.bouldergroup.com/media/pdf/2017-Q3-Net-Lease-Drug-Store-Report.pdf
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 $4 billion of single tenant net lease real estate transactions. From 2011-2016, 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. More information on the firm can be found on The Boulder Group’s website at www.bouldergroup.com
###
Media Contact:
Randy Blankstein
President
The Boulder Group
847-562-0003
