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Net-Leased Dollar General Trades in Freer
Marcus & Millichap finalized the sale of Dollar General Freer, TX, an 8,125-square foot net-leased property located in Freer. Deal terms weren’t disclosed.
Daniel Hurd, first VP with the Hurd Net Lease Group in Marcus & Millichap’s Tampa office, marketed the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Hurd with assistance from regional manager Tim Speck.
“Sellers are in the driver’s seat right now,” said Hurd. “COVID-19 has only further accelerated the demand we are receiving for dollar store properties across the country and Dollar General has proven to be a clear leader in this sector. We were able to generate multiple offers on the Freer location, ultimately closing at 97% of list price. The buyer was local to Texas and saw tremendous value in Dollar General’s strong credit rating, coupled with the recent lease renewal through 2027.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
- ◦Lease

