Cap rates within the single tenant net lease dollar store sector compressed by 50 basis points from the second quarter of 2014 to the second quarter of 2015 to a 6.5% cap rate.
The Boulder Group Arranges Sale of Single Tenant Dollar General Property
The Boulder Group has just completed the sale of a single tenant net leased Dollar General property in Grovetown, GA for $987,000. The building, which encompasses 9100 ft.² and is located on a 1.32 acre parcel, has been leased to Dollar General on a long-term basis. The seller was a private developer based in Georgia,