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Atlanta & Southeast  + Southeast  + Retail  |  September 24, 2019
David Cohen
By: David Cohen

Boulder Group Arranges $3M Sale of Net-Leased 7-Eleven in Virginia

Net leased investment brokerage firm The Boulder Group has arranged the $3.2 million sale of a single-tenant, net-leased 7-Eleven property in Fredericksburg.

The 2,940-square-foot retail property is located along Highway 17, a primary east-west thoroughfare in Fredericksburg. Nearby retailers include Walmart, Target, Lowe’s, Giant Food, Lidl, ALDI and Weis Markets. Retailer 7-Eleven recently signed a lease extension through June 30, 2032.

Randy Blankstein and John Feeney of The Boulder Group represented both the seller and the buyer in the transaction. The seller was an East Coast-based real estate fund, and the buyer was a Northeast-based investor.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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