The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant Family Dollar located at 404 West Main Street in Beulaville, North Carolina for $950,000
The Family Dollar store, with 6+ years remaining on its current term, offers a NN lease requiring minimal landlord responsibilities. This property benefits from healthy demographics within a 5-mile radius, boasting nearly 7,000 residents. It is strategically located in a dense retail corridor adjacent to major retailers like AutoZone and McDonald’s, situated on Main St with 13,500 vehicles passing directly in front of the property daily. Beulaville, NC, sits at the center of four U.S. highways, enhancing its accessibility.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the buyer in the transaction. The seller was a West Coast based real estate investment fund and the buyer was a West Coast based investment firm.
Family Dollar is a leading discount retail chain in the United States, operating over 8,000 stores across 46 states. Known for its commitment to providing customers with a wide range of essential products at affordable prices, Family Dollar offers a diverse inventory including groceries, household items, apparel, and seasonal merchandise.
“Net leased dollar stores offer an attractive yield at a low price-point,” said Randy Blankstein, President of The Boulder Group. Jimmy Goodman of The Boulder Group, added, “Dollar stores perform exceedingly well in small markets like Beulaville where supermarket presence is limited.”
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.
More info: www.bouldergroup.com
Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
Email: Send Email
Phone: 8478816388
Address:3520 Lake Avenue Suite 203
City: Wilmette
State: Illinois
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html