The Boulder Group Arranges Sale of Net Lease Taco Bell [MarketWatch]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: MarketWatch
The 3,140 square foot Taco Bell is positioned along St Charles Rock Road (25,700 VPD), a primary thoroughfare. The Taco Bell property is an outparcel to Best Buy and Office Max. Tenants making up the retail corridor include Target, ALDI, Kohl's, Walmart Supercenter, Hobby Lobby, Floor & Décor, Chick-Fil-A, Starbucks, and many more that create the dominant retail strip. The property also shares access to St Charles Rock Road with SSM Health Hospital – St. Louis, a 487-bed healthcare facility. There are 316,452 people living within seven miles of the property earning an average annual income of $83,715. The property is also less than a quarter mile from the Interstate-270 interchange (140,700 VPD) and two miles from St Louis Lambert International Airport. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction who was a Midwest-based private real estate investor. The buyer was in a 1031-exchange and based in Texas. The property features a 1
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