The Boulder Group Arranges Sale of Net Leased CVS Property

Northbrook, IL – January 27, 2015 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased CVS property located at 4037 Glenwood Road in Decatur, Georgia for $3,600,000.

There are over 21 years remaining on the recently extended CVS lease that expires January 31, 2037. CVS has successfully operated at this location since 1999 and recently executed a new 25 year lease extension demonstrating their commitment to this location. The CVS lease features five 5-year renewal option periods with 5% rental escalations in each. CVS is a publicly traded company with a market capitalization in excess of $104 billion CVS is an investment grade rated tenant with a Standard & Poor’s rating of BBB+.

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