 |
| Daniel Hurd |
LAUREL, MS, July 31, 2018 – Marcus & Millichap (NYSE:
MMI), a leading commercial real estate investment services firm with offices
throughout the United States and Canada, today announced the sale of Dollar
General, a 9,026-square foot net-leased property located in Laurel, Miss.,
according to Ari Ravi, regional manager of the firm’s Tampa office. The
asset sold for $1,107,700.
The buyer, a
private investor, was secured and represented by Daniel Hurd, an
investment specialist in Marcus & Millichap’s Tampa office. Elizabeth
Williams, Broker, assisted in closing this transaction.
“The dollar
store sector has continued to be white-hot this year," stated Mr. Hurd.
 |
| Elizabeth Williams |
"In an
environment where so many other retailers are consolidating, Dollar General
dominates the rural markets where their competitors cannot afford to operate
in.
"We are
selling deals all across the country and there is no sign that things will slow
down anytime soon. My team and I are on pace for a record year and we look
forward to a continued growing market share moving forward,”
Newly
constructed in 2018, Dollar General is situated on a 1.44-acre parcel.
The city
of Laurel, Miss., has over 8,000 inhabitants within a 5-mile radius of the
Dollar General site. Dollar General is located at 5314 Highway 15 in Laurel,
Miss.
For more
information, please contact:
Whitney Davis,
or
Ari Ravi
Regional Manager, Tampa
(813) 387-4700
No comments:
Post a Comment