The Boulder Group Arranges $2.1M Sale of Net-Leased Retail Property in Illinois

by Christina Cannon

DWIGHT, ILL. — The Boulder Group has arranged the $2.1 million sale of a building net leased to Shopko Hometown in Dwight, approximately 80 miles southwest of Chicago. A Midwest-based private investor sold the 26,254-square-foot property, located at 110 Watters Drive, to an individual based on the East Coast in a 1031 exchange. Shopko Hometown’s lease expires in May 2024 and features three five-year renewal options. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. Shopko Hometown offers housewares, apparel, toys and electronics

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