News: Northern New England
Posted: January 7, 2022
District Real Estate Advisors brokers sale of new construction Dollar General
Sunapee, NH District Real Estate Advisors completed the sale of a new construction Dollar General for $2.229 million.
District R.E. Advisors represented the seller. Hobie Hare from Horvath & Tremblay represented the buyer.
The purchase was a part of a 1031exchange requirement.
The Dollar General store features upgraded EIFS and brick construction and is located at 5 Rte. 103, which is positioned at the intersection of N.H. 11 and Rte. 103 that leads into Sunapee Harbor. Lake Sunapee is 2.8 miles east of the property and Mount Sunapee is 4.7 miles south.
District R.E. Advisors generated multiple offers and the 9,100 s/f building was put under agreement almost two months prior to construction completion. Highlighted by a new corporately guaranteed 15-year lease term with four five-year options, the Dollar General location is located to service the area’s residents and visitors that make this area a four season destination.
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