The Boulder Group has completed the sale of a single tenant brand-new construction Dollar General Market located at 1026 Highway 63 S, Mammoth Spring, AR for $1,870,000. Zach Wright and Brandon Wright represented the purchaser in the transaction. The purchaser was a local all-cash investor and the seller was an Arkansas-based real estate development company.
The brand-new construction Dollar General Market property is located just south of the Missouri-Arkansas border along US Route 63. The Dollar General is positioned just east of Mammoth Spring Highschool and Mammoth Spring Middle School, and just south of the entrance of Mammoth Spring State Park. The 15-year Dollar General lease features rental increases every 5 years and zero landlord responsibilities. Dollar General is an investment grade rated company with a Standard & Poor’s rating of BBB.
“The market for new construction STNL properties priced under $2 million is currently competitive and is dominated by all-cash private investors,” stated Zach Wright, Vice President.
“Net lease investors continue to seek Dollar General properties due to their long-term leases that are absolute triple net with rental increases every five years,” added Brandon Wright, Associate.
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 $9 billion of single tenant net lease real estate transactions. From 2013-2023, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.
For additional information, please visit www.BoulderGroup.com
Media Contact
Company Name: The Boulder Group
Contact Person: Zach Wright
Email: Send Email
Phone: 720-604-2220
Address:1805 S Bellaire Street, Suite 355
City: Denver
State: Colorado
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html
Press Release Distributed by ABNewswire.com
To view the original version on ABNewswire visit: The Boulder Group Arranges Sale of New Construction Dollar General Market Property in Arkansas