Boulder Group Brokers $6.9M Sale of Property Net Leased to Walgreens in Chicago

by Kristin Harlow

CHICAGO — The Boulder Group has brokered the sale of a single-tenant property net leased to Walgreens in Chicago for $6.9 million. The 18,340-square-foot property is located at 4745 W. Belmont Ave. Walgreens has more than 10 years remaining on its lease, which features eight five-year renewal options. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a Southeast-based real estate investment firm. A West Coast-based real estate investment firm purchased the asset.

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