The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Dollar General property located at 2244 US 36 in Wathena, Kansas for $1,842,000.
The 10,566 square foot building benefits from its location along South Park Street which is a main thoroughfare for the city of Wathena. The property will be less than one mile west of the Rosecrans Memorial Airport, a regional airport. It is also within proximity to downtown St. Joseph, MO which is home to attractions such as the Pony Express National Museum, Missouri Western State University, and many other businesses, schools, and museums. The area has ideal demographics for Dollar General.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller was a preferred Dollar General developer, and the buyer was an individual in a 1031 exchange.
Dollar General Corporation is an American chain of variety stores headquartered in Goodlettsville, Tennessee, which has been in expansion mode for several years. Dollar General offers products that are frequently used and replenished—such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, and seasonal items—at low, everyday prices. A leading discount retailer, Dollar General operates 18,130 stores in 46 states and has plans for significant future growth.
“This location features ideal demographics for a Dollar General asset” said Randy Blankstein, President of The Boulder Group. Jimmy Goodman, Partner of The Boulder Group, added, “Dollar Stores continue to gain interest from 1031 buyer’s that require assets in the two-million dollar range.”
About The Boulder Group
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 $9 billion of single tenant net lease real estate transactions. From 2013-2023, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago. www.bouldergroup.com
Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
Email: Send Email
Phone: 8478816388
Address:3520 Lake Avenue Suite 203
City: Wilmette
State: Illinois
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html
