Just Closed | New Development Dollar General – Willis, TX

Just Closed | Net Leased Dollar General

Willis, TX (September 1, 2016) –

A 9,026 square foot Net Leased New Development  Dollar General property in Willis, TX has sold for an undisclosed amount.

CLOSING HIGHLIGHTS

  • Acquired Property for Client in Multiple Offer Situation
  • Acquired Property at Above Market Cap – 7%
  • 12+ Years Remaining – Absolute NNN Lease
  • Willis, Texas is Approximately 19 Miles North of Houston

The buyer was represented by Brandon Blackburn, CCIM of KW Net Lease Advisors, a Texas based investment real estate brokerage & advisory firm, and the seller was represented by Jacob Oommen of RE/MAX Fine Properties.

See more SOLD Dollar General locations

 

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