Home » Business, Real Estate » The Boulder Group Arranges Sale of Net Leased Seasons Inpatient Hospice Facility
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction; a private real estate corporation.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Seasons Inpatient Hospice property located at 2195 West Diehl Road in Naperville, IL for $5,342,857. 

The recently constructed 10,342 square foot Seasons Inpatient Hospice facility is strategically located along Diehl Road in the affluent suburb of Naperville. The property is benefitted by its proximity to Interstate 88 and Route 59. 

This Seasons Inpatient Hospice location received the last issued license in the state of Illinois for an inpatient hospice facility in an area with a population of 200,000 to 700,000, providing for substantial barriers to entry. Seasons Hospice Inpatient and Palliative Care is a for-profit hospice operator. With the aging population in the United States, the hospice industry is poised for future success. By 2030, the total percentage of the population aged 65 and older is projected to increase by 60% to a total of 20% of all Americans.

Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction; a private real estate corporation. The purchaser was a 1031 exchange investor from California. 

There are over seven years remaining on the Seasons Inpatient Hospice lease which expires in January 2023. The lease features annual rental escalations and no landlord responsibilities. Seasons Inpatient Hospice is the 4th largest hospice company in the United States. 

“Properties featuring annual rental escalations continue to be highly sought after amongst the investor community as they provide an inflationary hedge,” said Randy Blankstein, President of The Boulder Group.  Jimmy Goodman, Partner of The Boulder Group, added, “We are seeing many investors turn their attention to medical properties as they are highly resistant to e-commerce.”

About 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 2.4 billion of single tenant net lease real estate transactions. From 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.

For more information, visit: www.bouldergroup.com


Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
Email: blankstein@gmail.com
Phone: 8478816388
Address:666 Dundee Road, Suite 1801
City: Northbrook
State: Illinois
Country: United States
Website: http://www.bouldergroup.com/NNN-Properties-For-Sale.html

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