The Boulder Group Arranges Sale of Spec’s Wines, Spirits & Finer Foods Property in Dallas-Fort Worth MSA

(Wilmette, IL– September 11, 2026) – The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased retail property occupied by Spec’s Wines, Spirits & Finer Foods located at 106 Cleburne Ave in Weatherford, Texas for $4,407,812.

The property is located at 106 Cleburne Ave in Weatherford, Texas. Weatherford is the county seat of Parker County, Texas. Weatherford sits within the Fort Worth-Arlington Metropolitan Division of the Dallas-Fort Worth-Arlington, Texas Metropolitan Statistical Area. The Dallas-Fort Worth MSA has a population of approximately 7.9 million people. Dallas-Fort Worth is the fourth-largest metropolitan statistical area in the United States. Main Street in Weatherford carries approximately 29,600 vehicles per day. The City of Weatherford has a population of approximately 33,990 residents. Weatherford’s population grew by approximately 15.8% between 2019 and 2024. The median household income in Weatherford is approximately $81,516. A Walmart Supercenter operates on South Main Street near the property. Weatherford Marketplace, a power center anchored by Target, Lowe’s and Kohl’s, sits along the Interstate 20 and State Highway 171 corridor. Weatherford ISD serves approximately 8,003 students across 12 campuses. Weatherford High School enrolls approximately 2,427 students across its two campuses. Weatherford College, a public community college, is also located in Weatherford. Spec’s Wines, Spirits & Finer Foods benefits from its position in one of the fastest-growing counties in the Dallas-Fort Worth MSA.

Randy Blankstein, Jimmy Goodman and John Feeney of The Boulder Group represented the seller in the transaction. The seller was a Midwest-based investment firm. The buyer was a private investor.

Spec’s Wines, Spirits & Finer Foods occupies the property under an NN lease. Approximately nine years of lease term remain. The lease expires on September 30, 2035. The tenant has two five-year renewal options. Rent escalates by 10% every five years, including during the renewal option periods. Texas has no state income tax, which adds to the appeal of the investment.

Spec’s Wine, Spirits & Finer Foods is a Texas-based specialty retailer headquartered in Houston, Texas. The company was founded in 1962 by Carroll B. “Spec” Jackson and Carolynn Jackson. Spec’s has grown from a single Houston store into a chain of approximately 180 locations across Texas. The company employs several hundred people across its store network. Spec’s offers wine, spirits, beer and specialty foods under one roof, along with a selection of cigars and gourmet items. The company is widely regarded as one of the largest wine and spirits retailers in the United States. Spec’s remains a privately held, family-owned and operated business more than six decades after its founding.

“Investor demand for well-located, single-tenant retail properties in high-growth Texas submarkets has remained strong this year, and pricing for quality assets like this one has held firm as a result,” said Randy Blankstein, President of The Boulder Group. Jimmy Goodman, Partner of The Boulder Group, added, “Recently constructed properties in top MSAs, like Dallas-Fort Worth, continue to garner strong investor demand.” John Feeney, Senior Vice President of The Boulder Group, noted, “Texas’ lack of a state income tax continues to be a real draw for private investors looking to place exchange proceeds into stable, income-producing real estate.”

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 $11 billion of single tenant net lease real estate transactions. From 2015–2025, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both CoStar and MSCI Real Capital Analytics. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.

www.bouldergroup.com

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Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
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Phone: 8478816388
Address:3520 Lake Avenue Suite 203
City: Wilmette
State: Illinois
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html

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