ROCK HILL, SC—Family Dollar is rejecting advances from Dollar General in a proposed $9.1 billion deal. But despite the hostility among two companies' shareholders investors are still eyeing single tenant net leased dollar store assets. The latest example is a Dollar General Plus in Rock Hill, SC.
Boulder Group just brokered the sale of a single tenant Dollar General Plus property located at 1333 East Main Street in Rock Hill for $3.1 million. As the name suggests, Dollar General Plus locations are larger than traditional Dollar General stores. They also have more cooler and freezers for perishable items.
Boulder's Randy Blankstein and Jimmy Goodman represented the seller, a Midwest-based real estate investment company. The purchaser was a South Carolina-based investor in a 1031 exchange.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
