May 10, 2024
Property

The Boulder Group Closes Sale of NTB Property


The Boulder Group has successfully brokered the sale of an NTB-National Tire & Battery location in the metroplex.

The boutique investment real estate service firm finalized the sale of the single-tenant net-leased NTB property for $2.675 million to a real estate investor based in Texas. The 6,753-square-foot building is located at 7000 N. Fwy in Fort Worth in front of the Home Depot. Due to its close proximity to an I-35 West exit, the location benefits from exposure to more than 184,000 vehicles daily.

The building is surrounded by a mix of tenants, including Taco Bell, Caliber Car Wash, Einstein Bro’s, and Crash Champions. Nearly 300,000 people live within a five-mile radius of the address, with an average household income of over $105,000.

For comparison, the average household income in Dallas is $92,785.

In the transaction, the Boulder Group’s Randy Blankstein and Jimmy Goodman represented the seller, a real estate company based on the East Coast.

The Boulder Group, a veteran player in the real estate market since its establishment in 1997, specializes in single-tenant net lease properties. Beyond brokering real estate deals, the firm offers advisory and financing services across the United States. The firm enjoys a track record of facilitating the acquisition and disposition of over $9 billion of single-tenant net lease real estate transactions.

The Boulder Group has been busy lately. Last month, it closed on the sale of a single-tenant net-leased Caliber Collision location in New York for over $4,348,600. The firm also completed the sale of a Best Buy property in Indiana for $9.64 million, and since mid-March alone, they have brokered the sale of four Dollar General stores.

The Boulder Group, which Real Capital Analytics and CoStar both ranked as one of the top 10 companies in the United States for single-tenant retail transactions between 2010 and 2023, is headquartered in suburban Chicago with an additional office in Denver.

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