The 6,998 square-foot building is located along Main Street (15,800 vehicles per day) and benefits from the proximity to Interstate 10, which experiences over 21,500 vehicles per day. Interstate 10 connects Chipley to Tallahassee, FL and Mobile, AL. The property spans across two acres and is located across from Walmart Supercenter, a major traffic driver for the area. Other retailers nearby include Tractor Supply Company, AutoZone, Verizon, Wendy’s, McDonald’s, Dunkin’s, Arby’s, and several others. There are more than 20,000 people living within a ten-mile radius. Those of which earn an average household income of $69,707. The property is also minutes from Chipley High School (600 students) and Northwest Florida Community Hospital (59 beds).

Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller is a Louisiana-based investor, and the buyer was a firm based in the northeast

Cross America Partners LP, headquartered in Allentown, Pennsylvania, is a leading wholesale distributor of motor fuels, a convenience store operator, and an owner and lessor of real estate used in the retail distribution of motor fuels in the United States.

“With 100% bonus depreciation back on the table, we’re seeing renewed investor interest in C-stores,” said Randy Blankstein, President of The Boulder Group. Jimmy Goodman of The Boulder Group, added, “This property stands out with its expansive 2-acre lot and a long-term lease.”

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 $9 billion of single tenant net lease real estate transactions. From 2013-2024, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.

More info: www.bouldergroup.com

Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
Email: Send Email
Phone: 8478816388
Address:3520 Lake Avenue Suite 203
City: Wilmette
State: Illinois
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html