SIG Handles 1031 Exchange on Family Dollar in Corpus Christi

SIG brokers handled a 1031 exchange transaction for a client who needed an investment property to purchase in the Discount/Dollar Store niche.

Working with SIG brokers is the best way to leverage top listings, lending, and marketing efforts. In this deal, SIG lead broker Todd Lewis and co-broker Elan Sieder were able to successfully complete a 1031 exchange deal for an investor client purchasing a Family Dollar NNN.

Family Dollar Corpus Christi, TX
Deal Type: 1031 Exchange Buyer
Property Type: Discount/Dollar Store
Price: $1,976,000

Client Challenges

Major Title Issues—Deed Error Did Not Include the Parking Lot of the Store
Resolving Title Issue Took Almost 2 Months; Challenging to Keep the Buyer Patient
Deal Timing Was Essential

SIG Strategies

Placed Our Client’s Priorities First in Negotiations
Completed a 1031 Exchange For the Client
Client Was Originally Inquiring About a Different Listing That SIG Was Able to Cross-Sell
Seller Was a Developer SIG Works With Frequently and SIG Created Value By Bringing Them a Buyer on a Property Listed With Another Broker

Why SIG

Over $4,500,000,000 in Closed Transactions
Over $700,000,000 in Active Inventory
Over 1,900 Transactions in 48 States
Focused on Creative Marketing
Net Lease Industry Leader

SIG Awards

Real Estate Forum Influencers in Net Lease 2019
SC25 Fastest Growing Companies, 2017 & 2018
Real Estate Forum Names SIG to Its List of Commercial Real Estate’s Fastest-Growing Companies, 2016 & 2015
CoStar Power Broker Top Firm Awards, 2017 & 2016

Interested in speaking with a family dollar net lease advisor for consistent returns in your investment portfolio? SIG handles transactions for clients who are seeking to expand their portfolio and acquire NNN properties in this niche. When the goal is growing an investment portfolio with specific properties, you can’t trust a typical real estate agency to walk you through the process. SIG is a commercial real estate brokerage firm with a wealth of experience helping clients find, secure, and purchase properties to round out their investment portfolio.