Northbrook, IL – September 9, 2016 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Insurance Auto Auctions, Inc. (IAAI) property located at 891 Ballardsville Road in Eminence, Kentucky for $5,619,000. IAAI is one of the leading North American salvage auto auctions with the largest facility footprint, strong buyer base and high auction returns.
The 30 acre Insurance Auto Auctions, Inc. property is strategically located along Ballardsville Road which is the primary east-west thoroughfare in the trade area. The property is located less than 40 miles east of downtown Louisville, less than 60 miles north of downtown Lexington and roughly 75 miles south of Cincinnati. The property serves customers nationwide but in particular Louisville, Cincinnati and Lexington.
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 $3 billion of single tenant net lease real estate transactions.