B+E Brokers facilitated the sale of Lewisburg Dollar General

B+E helped a Southeast-based investor close within their identification period, minimizing any gap in income stream between their down leg and up leg property.

“We helped our all-cash 1031 exchange buyer source this property, then moved quickly to complete the transaction in a challenging net lease market,” said B+E Broker, Spencer Henderson. “Valuations are more difficult to pin down in the current market, so all closings are valuable data points. We encourage owners to reach out regarding pricing and market trend thoughts as we head into Q1 2023.”

The purchased property features 5% rental increases every ten years and an absolute triple-net lease. This will help grow net operating income for the buyer and provide a hedge against inflation.

For more information on the sale or to take advantage of current net lease market conditions, contact Spencer Henderson at shenderson@tradenetlease.com