By Randy Blankstein, Founder & President, The Boulder Group The short answer: Off-market net lease properties can be excellent 1031 replacement candidates, but only when the search starts before the relinquished property sale closes and the off-market deal is backed by credible listed alternatives. The approach I recommend is the 1 + 2 Identification Strategy: […]

The Boulder Group arranged approximately $33.4 million in selected off-market net lease sales involving 14 properties across six states in 2026. The transactions include properties occupied by Dollar General, Circle K, CVS, Starbucks, 7-Eleven, Chipotle, Wendy’s, and Taco Bell, with individual property values ranging from $1.37 million to $5.29 million. These sales span quick-service restaurants, […]

The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased convenience store property leased to Kangaroo Express, located at 2906 Atlanta Highway in Montgomery, Alabama for $3,000,000. The property is located at 2906 Atlanta Highway in Montgomery, Alabama. Atlanta Highway carries approximately 34,000 vehicles per day. The […]

The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased restaurant property occupied by Steak ’n Shake located at 4333 Fox Valley Center Dr in Aurora, Illinois for $1,275,000. The property is located at 4333 Fox Valley Center Dr in Aurora, Illinois, near the intersection of Illinois […]

The 97 basis point spread between corporate and franchisee QSR cap rates is typically viewed as a credit premium. Broken out by remaining lease term, the spread reflects three separate premiums, and only one is primarily tied to the franchisee credit. By Randy Blankstein, President, The Boulder Group Key Takeaways Corporate QSR asking cap rates […]

The Boulder Group has completed the sale of a single tenant Circle K convenience store property located at 1307 Federal Drive in Montgomery, AL for $5,290,000. The Boulder Group’s Zach Wright and Brandon Wright represented the purchaser in the transaction. The purchaser was a Colorado-based family office and the seller was a Midwest-based real estate […]

The Boulder Group has completed the sale of a single tenant brand-new construction Dollar General property located at 930 Sand Ridge Road in Hubert, NC for $2,252,000. The Boulder Group’s Zach Wright and Jimmy Goodman represented both the purchaser and seller in the transaction. The purchaser was a Colorado-based all-cash 1031 exchange investor and the […]

The Boulder Group announced the release of its Third Quarter Net Lease Research Report today. The report features a comprehensive format with specific net lease sector information. According to The Boulder Group’s Q3 2026 Net Lease Research Report, overall single tenant net lease cap rates increased 10 basis points to 6.92% in the third quarter […]

The Boulder Group, a net leased investment brokerage firm, completed the sale of a four-property portfolio of single tenant net leased Dollar General properties all located in Michigan for $8,314,190. The portfolio offers geographic diversification across northern, western and central Michigan. The Dollar General at 10464 Old 27 S in Gaylord is positioned along Old […]

By Randy Blankstein, President, The Boulder Group Net lease cap rates rose 10 basis points to 6.92% in the third quarter of 2026, the largest quarterly increase since 2023. It was the second consecutive quarterly increase and pushed overall cap rates to their highest level in more than a decade. Higher borrowing costs are putting […]