CBRE | Raleigh Brokers $8.6 Million Sale of Six-Property Dollar General Portfolio in North Carolina

A representative photo of a Dollar General store located in Durham, North Carolina. (Image courtesy of Wikimedia Commons) A representative photo of a Dollar General store located in Durham, North Carolina. (Image courtesy of Wikimedia Commons)

Raleigh, N.C. — CBRE | Raleigh has arranged the $8.6 million sale of a six-property Dollar General portfolio located throughout North Carolina.

Joe Graham of CBRE | Raleigh led the 1031 tax deferred exchange on behalf of the seller, a company affiliated with Raleigh-based Vanguard Property Group, a development and investment management firm. Michael McManus of Marcus & Millichap represented the buyer, a local private investor. Each Dollar General location holds a long-term, triple-net lease.

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