November 16, 2023 – Chris King of Horvath & Tremblay has successfully completed the sale of Dollar General in Wallace, North Carolina. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $737,250.
Dollar General is located at 5669 NC Highway 41 in Wallace, North Carolina. Dollar General has been at this location since 2003 and recently extended their lease, demonstrating their commitment to the site and the market. Dollar General has 4+ years remaining on their lease. The Property is well located along NC Highway 41, the area’s primary commercial corridor. The Property is across the street from Wallace Point, a Food Lion and Burkes Outlet anchored shopping center and 0.25-miles from a Walmart Supercenter driving traffic to the area. The Property is 0.2-miles from NC Route 11, 1-mile from downtown Wallace and US Route 117, and 1.75-miles from Interstate 40.
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.