The Boulder Group completed the sale of a single-tenant net-leased Family Dollar property at 2 East IN-64 in Birdseye, Indiana, for $1.387 million.
The 8,320-square-foot Family Dollar property is strategically located along Indiana-64, which is a primary east-west thoroughfare that connects Birdseye to Louisville. Family Dollar serves as a primary convenience shopping destination for residents in the area with limited competition.
The Family Dollar lease expires March 31, 2031, and features six five-year renewal option periods.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction, a Midwest-based real estate investor. The buyer was involved in a 1031 exchange.