JUST CLOSED! Dollar General in Iola, KS

Dollar General

Iola, KS (May 31, 2016) –

An 8,000 square foot Dollar General property – Iola, KS has sold for an undisclosed amount.

“We received a call from a principal who was in a 1031 exchange and needed to place the remainder of their funds. I reached out to one of my clients who I knew would have properties that would satisfy the required 1031 exchange. We isolated a few properties that matched the purchaser’s criteria and the Buyer decided to move forward with Iola, KS,” says McDonald.

The Seller was represented by Jeremy McDonald of KW Net Lease Advisors, a Texas based investment real estate brokerage & advisory firm, and the Buyer acted as a principal

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About Dollar General

Dollar General Corporation has been delivering value to shoppers for over 75 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. Dollar General operated 13,429 stores in 44 states as of March 3, 2017. In addition to high quality private brands, Dollar General sells products from America’s most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.

Dollar General sells similar products as wholesale retailers Wal-Mart (WMT) and Target (TGT), but typically at lower prices. Because of this, during harsh economic conditions, many consumers may make the change of shopping at Dollar General instead of a regular wholesale retailer.

http://www.dollargeneral.com

See more about Dollar General including average trading prices, lease details and cap rates.

KW Net Lease Advisors