April 4, 2023 – Justin Spillane of Horvath & Tremblay has successfully completed the sale of Dollar General in Arlington, Texas. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $2,175,725.
Dollar General is located at 3900 Avenue East in Arlington, Texas. The new construction build-to-suit Dollar General has a 15-year Absolute NNN Lease with three (3), 5-year renewal options. The lease calls for attractive 10% rental increases at the start of each renewal option. The Property is well located along Suncook Valley Road (NH Route 28), one of the area’s primary commuter corridors. The Property is located at the signalized intersection of Avenue East and Duncan Perry Road and benefits from outstanding visibility and frontage. The Property is just seconds from Interstate 30 and is within 4-miles of Six Flags over Texas, AT&T Stadium (home of the Dallas Cowboys), and Globe Life Field, all of which are major attractions that draw several hundred thousand visitors per year. Arlington is part of the Dallas Fort Worth Metroplex which is home to 7.6 million residents and is the fourth largest MSA in the United States.
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.