The Boulder Group Arranges $3.8 Million Sale of Single-Tenant Retail Property in New York

Manlius, N.Y. — The Boulder Group has arranged the sale of a single-tenant net-leased Rite Aid property located at 8230 Cazenovia Road in Manlius.

An East Coast-based investor acquired the property from a partnership of high-net-worth individuals for $3.8 million in a 1031 exchange. There are more than 10 years remaining on the lease of the 12,795-square-foot property.

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