net lease N Illinois

Boulder Group arranges sale of net lease for Dollar General

  
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The Boulder Group completed the sale of a single-tenant, new construction Dollar General located in Delavan, Illinois.

The Boulder Group completed the sale of a single-tenant, new construction Dollar General located in Delavan, Illinois.

The 10,566-square-foot property at 710 East 4th Street was sold for $1.21 million, according to a release from Boulder Group.

Randy Blankstein and Jimmy Goodman represented the seller in the transaction.

The Dollar General lease has over 13 years remaining and expires November 2030. The absolute triple net lease features no landlord responsibilities and 10% rental escalations in each of the five 5-year renewal option periods.