The Essentiality of Net Lease Drugstores

​The Crexi Podcast’s latest episode features The Boulder Group’s Randy Blankstein, who discusses net leased drugstores as essential businesses.

The Crexi Podcast explores various aspects of commercial real estate in conversation with top CRE professionals in the industry. In each episode, we feature different guests, tapping into their CRE expertise and exploring the latest trends in the world of commercial real estate. 

In this episode, Crexi’s Yannis Papadakis sits down with Randy to discuss the world of net leased drugstores, their resurgence during the pandemic, and the fundamentals of operating in the sector. Their wide-ranging conversation covers:

• What kind of CRE players operate in the net lease drugstore market, and what trends have emerged post-COVID.
• How drugstores emerged as an essential business during the pandemic and what makes them a more secure, long-term investment.
• The importance of cultivating long-term relationships with net lease operators and understanding their profit, loss, and business models.
• The real estate fundamentals behind net lease drugstores and why they’re similar to bond investments.
• How drugstore landlords can entice high-quality, net lease tenants to occupy or continue leasing their space in a competitive market.
• And much more!

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For show notes, past guests, and more CRE content, please check out Crexi Insights.

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About Randy Blankstein:

Randy Blankstein founded The Boulder Group in 1997 when he was 27 years old. More than 20 years later, the Illinois-based company is one of the top ten largest brokerage firms of single-tenant net lease deals in the U.S. The Boulder Group has closed over $6 billion in transactions and represents properties in at least 42 states.

In 2014, 2019, and 2020, Randy received Honorable Mention for Net Lease Executive of the Year by Commercial Property Executive magazine. And in 2018, he was inducted into RE Journals Real Estate Magazine's Commercial Real Estate Hall of Fame. 

A Chicago native, Blankstein earned his Bachelor's degree from the University of Colorado at Boulder's Leeds School of Business. In addition to leading his company, Blankstein also serves as the chair of the Net Lease Summit Conference.

If you enjoyed this episode, please subscribe to our newsletter and enjoy the next podcast delivered straight to your inbox. 

For show notes, past guests, and more CRE content, please check out Crexi’s blog.

Ready to find your next CRE property? Visit Crexi and immediately browse 500,000+ available commercial properties for sale and lease.

Follow Crexi:

https://www.crexi.com/​ 

https://www.crexi.com/instagram​ 

https://www.crexi.com/facebook​ 

https://www.crexi.com/twitter​ 

https://www.crexi.com/linkedin​ 

https://www.youtube.com/crexi