The Boulder Group Arranges Sale of Net Leased Panera Bread Property

The Boulder Group Arranges Sale of Net Leased Panera Bread Property

(Northbrook, IL – November 28, 2017) – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Panera Bread located at 5500 West Touhy Avenue in Skokie, Illinois for $3,972,727. The property, constructed in 2016, was developed by The Missner Group.

Panera Bread Skokie IL

The 4,300 square foot building is well located within a major regional trade area of Chicago’s northern suburbs. The Panera Bread has excellent visibility along West Touhy Avenue, the area’s primary east-west thoroughfare, which experiences traffic counts of approximately 41,000 vehicles per day. The property is also less than one-half mile west of Interstate-94 with direct on and off access to the approximate 169,500 vehicles per day. With convenient interstate access and a large variety of strong retailers, the Panera Bread and the surrounding retailers have the unique advantage of drawing consumers from both the city and suburbs of Chicago.

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The Boulder Group

The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds.

Founded in 1997, the firm has arranged the acquisition and disposition of over $2.1 billion of single tenant net lease real estate transactions. In 2010-2014, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by Real Capital Analytics. The Boulder Group is headquartered in suburban Chicago

Contact:

Phone: 847-562-0003

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