The Boulder Group completed the sale of a single-tenant net-leased property at 400 S. Pine St. in Burlington, Wisconsin, for $810,000.
The 6,471-square-foot building is located at the corner of a signalized intersection and has excellent visibility and easy access. The Maaco property is near Karcher Middle School, Waller Elementary School, Catholic Central High School and Burlington High School, which drives additional traffic near the property. The average household income is $81,869 within five miles of the property.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction, a New York City based Investment Company. The buyer was a private investor in a 1031 tax exchange.
