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Chicago & Midwest  + Midwest  + Net Lease  | 
Marcus & Millichap has closed the sale of a net-leased Dollar General location in Evansville, IN

Evansville Dollar General Attracts 1031 Buyer

Marcus & Millichap has completed the sale of Dollar General, a 10,566-square-foot net-leased property located in Evansville, IN. The asset sold for $2,097,942. 

The buyer, a private investor, was secured and represented by Dustin Javitch, Craig Fuller, Erin E. Patton and Scott Wiles, investment specialists in Marcus & Millichap’s Cleveland and Columbus offices. Josh Caruana, Indiana broker of record, assisted in closing this transaction. 

Dollar General is located at 4224 E. Booneville-New Harmony Rd. in Evansville. “This was a unique transaction as we were able to source this pre-developed property on an off-market basis for a client that was towards the end of their 1031 exchange identification period,” said Javitch. 

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Marcus & Millichap's Javitch

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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