February 3, 2020 – Joe DeSalvo, Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of Dollar General in Linton, Indiana. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $913,000.
Dollar General is located at 956 NW A Street (State Road 54) in Linton, IN. Dollar General has occupied the stand-alone building since its construction in 2010. Dollar General has 5+ years of term remaining on a double net (NN) lease followed by five 5-year renewal options. The lease calls for a 3.0% increase in July of 2020 and a 10% increase at the start of all five option periods.
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.