Paige, TX (January 30, 2015) –
A 9,100 square foot Net Leased Dollar General – Paige, TX sold with a new 15 year NNN lease.
“This was a client looking to use proceeds from multi-family assets to exchange into a less management-intensive property class. We were able to find a couple of off market new development Dollar Generals that fit his criteria perfectly,” says Blackburn.
The Seller was represented by Branson Blackburn of KW Net Lease Advisors, a Texas based investment real estate brokerage & advisory firm.
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.comSee more about Dollar General including average trading prices, lease details and cap rates.
