Austin Smith Of Horvath & Tremblay Sells Dollar General Retail In Wilmington For $1.95M

The sale of Dollar General at 1900 N Market St. in Wilmington, DE has been successfully closed at a price of $1,950,000. The property boasts a 15-year Absolute Net Lease with 6+ years remaining, along with multiple renewal options featuring rent increases.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,950,000
• Address: 1900 North Market Street
• Market: Wilmington, DE

Austin Smith of Horvath & Tremblay facilitated the deal, showcasing his expertise in the commercial real estate sector. The successful transaction underscores the value of the property with its long-term lease in place.