The Boulder Group Arranges $2.25 Million Sale of Starbucks Coffee in North Carolina

by Katie Sloan

Hendersonville, N.C. — The Boulder Group has arranged the $2.25 million sale of a single tenant Starbucks Coffee located at 103 Mitchell Drive in Hendersonville.

The newly constructed Starbucks’ ground lease is for 20 years and features 10 percent rental escalations every five years. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the buyer, a private real estate company based in the Northeast. The seller was an undisclosed real estate developer based in the Southeast.

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