The Boulder Group has completed the sale of a single tenant new construction Dollar General property located at 905 S Victor Street in Christopher, IL for $1,678,000. The Boulder Group’s Zach Wright and Brandon Wright represented the seller in the transaction, a Midwest-based real estate development company. The purchaser was a Colorado-based real estate investor in a 1031 exchange.

The new construction Dollar General property is strategically located at a hard corner along Victor Street (Illinois Route 148). Retailers in the immediate area include Circle K, Huck’s, Banterra Bank, and Dairy Queen.

The new 15-year Dollar General lease features rental increases every five years and zero landlord responsibilities. Dollar General is the leading discount retailer with over 20,000 locations and is an investment grade-rated company (S&P: BBB). Dollar General is planning to open 450+ new stores in 2026 and continues to experience same-store sales growth.

“We continue to see strong demand from private 1031 buyers for Dollar General properties. These deals offer investors a long-term absolute triple net lease to an investment grade company with a lower price point than many other new construction single tenant properties,” stated Zach Wright, Vice President.

“Dollar General leases are one of the most landlord-friendly leases in the single tenant net lease space.  Leases for new stores feature no landlord responsibilities and rental increases throughout the primary term and options,” added Brandon Wright, Associate.

About The Boulder Group

The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high-net-worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $9 billion of single tenant net lease real estate transactions. From 2013-2023, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.

For additional information, please visit www.BoulderGroup.com

PR Contact

Zach Wright 720-604-2220

Zach@BoulderGroup.com

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