SIG Handles Transaction on Dollar General For Sale in Springfield, OH

SIG brokers handled the transaction from a referring broker for a Dollar General NNN property in Springfield, OH.

Working with SIG brokers is the best way to leverage top listings, lending, and marketing efforts. In this deal, SIG lead broker Elan Sieder, along with co-broker Todd Lewis, managed a referral transaction of a Dollar General location in OH.

Dollar General: Springfield, OH
Property Type: Discount/Dollar Store
Client Type: Referral
Price: $1,663,226
Closing CAP: 6.85%

Client Challenges

Challenge 1: Communicating through the referring broker added an element of confusion until SIG established roles with the seller, attorneys, and escrow.
Challenge 2: Buyer had a massive exchange in process, so they were initially slow to respond. Once PSA was executed, things went smoothly.

SIG Strategies

Placed client goal as a top priority
SIG sold the current seller the property back in 2014, so they were able to leverage their standing with a repeat client
Sold at 10bips off list price, closing 38 days from PSA execution

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 acquiring a discount/dollar store for consistent returns in your investment portfolio? SIG handles new loans on locations for clients who are seeking to expand their portfolio and acquire NNN properties in all different niches. 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.