Two Dollar Generals Sell Within Two Weeks
 Capital Pacific is pleased to announce the sale of two Dollar General properties in the Jacksonville MSA. Our team initiated a dynamic marketing campaign, fielded numerous offers for both properties and facilitated seamless escrows. The Dollar Generals were part of a portfolio of four properties, three of which have now closed.The first Dollar General was purchased all-cash by a first time buyer from Miami that Capital Pacific was able to reach through an existing local broker relationship. The buyer was attracted to the property because of the proven retail location (the store was relocating from across the street), the Jacksonville MSA, 15-year corporate NNN lease, and brand new construction. The second Dollar General to close was sold to a buyer out of Boulder, CO who represented himself on the transaction. The buyer was attracted to the location next to a brand new Walgreens in a growing area of Jacksonville as well as the attractive lease and strength of the tenant. |