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The Boulder Group Arranges Sale of Triple Net Lease Dollar General in Columbia, LA

(Northbrook, IL- May 17, 2017) – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Dollar General located at 7180 Highway 165 in Columbia, Louisiana for $1,295,000.

The 10,640 square foot Dollar General store was constructed in 2016 and is a relocation of a previously successful store. The Dollar General is strategically located along Highway 165 which is the primary north-south thoroughfare in the trade area. The Dollar General is positioned approximately one and one-half miles south of the Caldwell Memorial Hospital. There are a number of national retailers located in the immediate trade area including McDonald’s, Sonic Drive-In, Mobil, Brookshire Grocery and Family Dollar to name a few.

The Dollar General lease has 14 years remaining and expires July 2031. The absolute triple net lease features no landlord responsibilities and 10% rental escalations in each of the three 5-year renewal option periods. Dollar General is an investment grade rated company with a Standard & Poor’s rating of BBB. Dollar General operated more than 12,500 stores in 43 states.

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The Boulder Group
Newsroom   Real Estate Research Center

The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds./

Founded in 1997, the firm has arranged the acquisition and disposition of over $2.1 billion of single tenant net lease real estate transactions. In 2010-2014, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by Real Capital Analytics. The Boulder Group is headquartered in suburban Chicago

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Phone: 847-562-0003