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

4882 North 900 East
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This property located in IN was sold for $1,792,935 about 2 years ago.

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.

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Deals
  • Location
    900 East, Van Buren, Indiana 46991, United States900 East, Van Buren, Indiana 46991, United States
  • Sale Price
    $1,792,935$1,792,935
    $168 PPSF$168 PPSF
  • Area
    10,640 SF10,640 SF

Deal Summary

SALE IMAGE: Christopher Malay DATE: 02/10/2022 ADDRESS: 4882 N 900 E MARKET: Van Buren, IN ASSET TYPE: Retail BUYER: Lacy Enterprises LLC SELLER: DG Co. BROKER: Christopher Malay - Marcus & Millichap SALE PRICE: $1,792,935 SF: 10,640 ~ PPSF: $169 NOTE: Dollar General - Van Buren, IN 1031 Exchange Buyer 15-Year Absolute Net Lease Brand New 2022 Construction Hard Corner Location Between Fort Wayne & Indianapolis

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