February 3, 2021 – Chris King of Horvath & Tremblay has successfully completed the sale of Dollar General in McDonough, Georgia. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $835,000.
Dollar General is located at 1030 Regency Plaza Boulevard in McDonough, Georgia. Dollar General has been at this location for more than 16 years, and recently demonstrated their commitment to the location by exercising their first renewal option. The property consists of a 9,014 square foot building on 0.68 acres of land. Dollar General has 3+ years remaining on their double net (NN) lease with two, 5-Year renewal options. The lease features scheduled rent increases at the start of each renewal option. Dollar General is well positioned along Regency Plaza Boulevard with outstanding frontage and visibility. The Property is located in an extremely dense retail market and is situated near the South Point Shopping Center and McDonough Marketplace, both of which drive significant traffic to the area. The property is ½-mile from Interstate 75, the primary interstate for commuters traveling to and from Atlanta and McDonough. McDonough is the county seat of Henry County and is part of the Atlanta Metropolitan area.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.