James Daughrity Acquires Dollar General Retail Property In Oneida, IL For $1.6M

A newly built Dollar General with an absolute NNN corporate guarantee lease was recently sold in Oneida, IL. The property, located at 405 E Hwy, is a retail asset spanning 9,264 square feet. The sale, facilitated by James Daughrity from Daughrity Real Estate representing the buyer, was completed on June 17, 2022. Christopher Twist from Colliers represented the seller in this transaction. The sale price for the property was $1,647,618, resulting in a price per square foot of $178.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,647,618
• Address: 405 E Hwy, Oneida, IL
• Square Footage: 9,264
• Buyer's Representative: James Daughrity - Daughrity Real Estate
• Seller's Representative: Christopher Twist - Colliers

This newly built Dollar General property was acquired as a replacement property in the buyer's 1031 Exchange. The transaction was successfully concluded with the assistance of James Daughrity from Daughrity Real Estate representing the buyer and Christopher Twist from Colliers representing the seller.