The property asset involved in the transaction is a retail building located at 2630 East Main Street in Saint Charles, Illinois. It was sold for $3,100,000 and comprises 2,090 square feet. This asset features a new 15-year absolute triple net lease and is positioned in a high-traffic area, with over 37,250 vehicles passing daily. The average household income in the vicinity exceeds $173,600, making it a strategically favorable location near major retailers and Saint Charles East High School.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,100,000
• Square Footage: 2,090
• Price Per Square Foot: $1,483
• Address: 2630 East Main Street
• Market: Saint Charles
• Brokers: Jimmy Goodman & Randy Blankstein - The Boulder Group

The deal was facilitated by The Boulder Group, represented by brokers Jimmy Goodman and Randy Blankstein. Their involvement highlights their expertise in navigating the retail real estate market, particularly in securing transactions that suit client needs within competitive regions.