East Orange, New Jersey— May 2018 — Albert Aranbaev of Asset Commercial Realty Group (“AssetCRG”) represented the purchaser in this transaction. The deal closed for $1,575,000. Dollar General Corporation is an American chain of variety stores headquartered in Goodlettsville, Tennessee. As of August 2017, Dollar General operated over 13,000 stores in all U.S. states except: Alaska, Hawaii, Idaho, Montana, Washington, and Wyoming. The subject property is NN leased to Dollar General Corporation (S&P Rated BBB). The base term of the lease expires in January of 2029, with one-five year option to follow with a rent increase to $113,040. The landlord responsibility is limited to roof, structure, and parking lot. The property used to be occupied by Family Dollar and was recently taken over by Dollar General.
”About Asset Commercial Realty Group, LLC.
Asset Commercial Realty Group LLC (“AssetCRG”) is a Queens, New York-based boutique real estate brokerage company focusing on delivering exceptional value to its clients. AssetCRG’s team currently manages over 2 million square feet of retail assets and the team has closed on an aggregate value of over $130 million worth of deals thus far in 2018. AssetCRG’s leasing team is currently representing over 500,000 square feet of retail and office space in the metro New York area. For more information please visit us at www.assetcrg.com and email at info@34.82.249.66.
