February 26, 2020 – Matthew Patrick of Horvath & Tremblay has successfully completed the sale of Dollar General in Bremen, Indiana. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $402,173.
Dollar General is located at 1410 West Plymouth Street in Bremen, IN. The stand-alone Dollar General was constructed in 1973, and features 7,560 square feet of rentable space and sits on a 0.59 acre lot. Dollar General has 3+ years of term remaining on a 20-year double net (NN) lease followed by one, 5-year renewal option. The lease calls for a 10% increase at the start of the option period. Dollar General is positioned along one of the city’s main roads with easy access and excellent visibility.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.