REBusinessOnline

Boulder Group Arranges $2M Sale of Property Net Leased to Shopko Hometown in South Dakota

The 30,500-square-foot building is located at 2105 Lazelle St. in Sturgis.

STURGIS, S.D. — The Boulder Group has arranged the sale of a single-tenant retail property net leased to Shopko Hometown in Sturgis for $2 million. The 30,500-square-foot building is located at 2105 Lazelle St. in western South Dakota. There are approximately 13 years remaining on the triple net lease. Randy Blankstein and Jimmy Goodman of the Boulder Group represented the seller, a Texas-based real estate investment trust. A Wyoming-based real estate investor purchased the asset.

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