RCG Update: MS & TN Dollar General Investment Properties

By Brian Phillips  |  May 30, 2019  |  Randall Commercial News

Randall Commercial Group, LLC is pleased to announce the sale of five brand-new, free-standing Dollar General stores in Mississippi and Tennessee.   Randall Commercial Group, LLC’s Elizabeth J. Randall, CCIM and Brian P. Phillips, CCIM led the marketing efforts and negotiations for the Seller. The property was sold to an institutional buyer.  Four of the five properties are located in north Mississippi with the 5th store being located in East Tennessee. 

Dollar General Corporation has been operating for nearly 80 years and offers products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, and seasonal items.  As of March 1, 2019, Dollar General operates 15,472 stores in 44 states.  Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.

http://randallcommercialgroup.com/properties/

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