Brisky Net Lease is pleased to announce the sale of two Dollar Generals in Wisconsin as part of a portfolio purchase.
Brian Brisky was the only broker involved in the transaction of two recently constructed Dollar Generals in Hatley and Ridgeland, WI. Both locations featured absolute NNN leases with an average of 13 years remaining in ideal Dollar General markets. The buyer benefited from bulk pricing in the purchase of this rare portfolio opportunity of a strong national tenant.
Dollar General claims the title of largest discount retailer in the United States, with over 17,000 locations in 46 states. In 2021, the corporation remains on track to open more than 1,300 new stores, remodel 1,750 stores, and relocate 100 stores. The mature retailer has shown its resistance by marking 31 consecutive years of same-store sales growth through FY 2020. Dollar Generals plans to continue their growth success by rolling out new initiatives such as their newest concept, pOpshelf shop, DG Fresh, and their nonconsumable initiative.