January 20, 2022 – Brendan Conway of Horvath & Tremblay has successfully completed the sale of Dollar General in Nicholls, Georgia. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $460,000.
Dollar General is located at 105 N Liberty Street in Nicholls, Georgia. The stand-alone Dollar General was constructed in 1998 and features 8,000 square feet of rentable space and sits on a 0.76-acre lot. Dollar General has 2+ years of term remaining on a Double Net (NN) lease followed by one 5-Year renewal option. The lease calls for an attractive rent increase at the start of the option period. Dollar General is positioned along one of the city’s main roads and enjoys excellent frontage and visibility. Dollar General serves as the primary shopping and destination for the area. The closest grocery store or Walmart is more than 11-miles away.
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.