Lacy Enterprises LLC Acquires Dollar General Retail Property In Van Buren, IN For $1.8M

Dollar General - Van Buren, IN is a retail property located at 4882 N 900 E. It was sold on 02/10/2022 in a closed transaction for a price of $1,792,935. The property has a total square footage of 10,640, resulting in a price per square foot of $169. This brand new 2022 construction is situated on a hard corner location between Fort Wayne and Indianapolis. The buyer, Lacy Enterprises LLC, participated in a 1031 Exchange, while the seller was DG Co. The deal was facilitated by broker Christopher Malay from Marcus & Millichap.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,792,935
• Buyer: Lacy Enterprises LLC
• Seller: DG Co.
• Broker: Christopher Malay - Marcus & Millichap
• Square Footage: 10,640
• Price Per Square Foot: $169

The Dollar General property in Van Buren, IN was acquired by Lacy Enterprises LLC through a 15-year absolute net lease. This deal involved a newly constructed building completed in 2022. The property holds a prime location on a hard corner between Fort Wayne and Indianapolis.