July 17, 2023 – Greg Moore of Horvath & Tremblay has successfully completed the sale of Dollar General in Vidalia, Georgia. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $615,000.
Dollar General is located at 109 McIntosh Street in Vidalia, Georgia. Dollar General has been at this location for nearly 2 decades and recently exercised a renewal option demonstrating their commitment to the site and the market. Dollar General has 4+ years remaining on their Double Net lease. Dollar General is responsible for real estate taxes, insurance, and common area maintenance. The Landlord is responsible for the Roof, Structure Parking Lot Repaving and HVAC. A new roof was installed with a transferable warranty in 2020 and two new 10-ton AC units were installed in 2022. Dollar General is well located adjacent to the intersection McIntosh Street and Main Street (US Route 280), one of the area’s primary commuter corridors. The Property enjoys excellent visibility and frontage as well as four points of access. Dollar General is positioned in the center of Vidalia and is surrounded by the area’s retailers, restaurants, municipal buildings and schools, all of which drive traffic to the immediate 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.