Boulder Group Closes Advance Auto Parts Sale North of Austin
The Boulder Group completed the sale of a single-tenant net-leased Advance Auto Parts property located at 3508 N. Main St. in Taylor, TX, north of Austin, for $2,400,000. The firm’s Rabndy Blankstein and Jimmy Goodman represented the seller, a private Southwest real estate investor, and procured the buyer, a West Coast investor in a 1031 exchange.
The 6,912-square-foot property is positioned along Taylor’s primary retail thoroughfare, North Main Street. Big box retailers in the area include Walmart, Tractor Supply, H-E-B, McCoy’s Building Supply and Harbor Freight Tools. These big boxes are accompanied by dozens of QSR tenants including Jack in the Box, McDonald’s, Burger King, Whataburger, Taco Bell and others.
“Long-term leases to investment grade tenants, like Advance Auto Parts, continue to trade regularly,” said Blankstein, president of The Boulder Group. Partner Goodman added, “Investors gravitate towards tax-free states like Texas.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).