The Boulder Group completed the sale of a single-tenant CVS at 1421 State St. in Lawrenceville, Illinois, for $1.134 million.
The 10,093-square-foot building benefits from its position at the hard corner of State Street & State Route 1, which experiences daily traffic of 16,800 vehicles. Neighboring retailers include Walmart Supercenter, McDonald’s, Ace Hardware, AutoZone, O’Reilly Auto Parts, Dollar General, and Circle K – all of which drive a continual flow of traffic through the corridor.
The subject asset is also within proximity to Lawrence County Memorial Hospital and Lawrenceville High School. The average household income within 7 miles is in excess of $74,000.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller is an Illinois based partnership and the buyer is a West Coast based individual investor.
