B+E, the first brokerage and technology platform for net lease real estate, today announced the sale of the Dollar Tree property located at 110 Gordon Hollow Drive in the Bentonville, AR area for $1,664,000.
(PRUnderground) May 16th, 2022
B+E, the first brokerage and technology platform for net lease real estate, today announced the sale of the Dollar Tree property located at 110 Gordon Hollow Drive in the Bentonville, AR area for $1,664,000.
B+E generated multiple offers on the asset, ultimately closing at the full asking price with a below-market cap rate. This single tenant net lease property was built in 2018 and features a NN lease.
“B+E’s proprietary database allowed us to quickly source multiple buyers,” said B+E broker Sam Wilson. “Our platform and marketing approach resulted in a full priced offer from a reputable local buyer.”
The dollar store industry has a proven “recession-proof” business model categorized by essential household products and a low price point for customers.
For more information on retail net lease sales, contact Sam Wilson at swilson@tradenetlease.com or go to www.tradenetlease.com
About B+E
B+E is a modern investment brokerage firm, specializing in net lease real estate. The firm helps clients buy and sell single tenant real estate. Founded by deeply experienced brokers, B+E redefines trading through an intuitive end-to-end transaction platform comprising of user-friendly dashboards and an AI-driven exchange — all leveraging the largest data set in the net lease industry.
Complementing senior talent with exceptional technology, B+E’s proprietary process affords greater speed, unrivaled transaction efficiencies, and stronger asset value. With offices in New York, Chicago, Atlanta, Tampa, Charlotte, Dallas and San Francisco, its brokers trade property for clients across the US. B+E allows virtually anyone to confidently trade net lease real estate.
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Original Press Release.