Blue West Capital Arranges Sale of New Construction Dollar General in Colorado

Fairplay, CO[June 8, 2021] – Blue West Capital has completed the sale of a new construction single tenant net leased Dollar General property located at 1197 Bullet Rd, Fairplay, CO for $2,085,133. Robert Edwards and Zach Wright, of Blue West Capital, represented the purchaser. The repeat purchaser was a Colorado-based 1031 exchange investor.

The Dollar General features a 15-year absolute triple net lease and is a brand-new construction building. The Dollar General is strategically located on Highway 285, a major thoroughfare providing access from Denver to many of Colorado’s mountain communities. Dollar General is publicly traded (NYSE: DG) with a market capitalization in excess of $50 billion. Dollar General has an investment grade credit rating (S&P BBB).

“Cap rates for single tenant Dollar General properties have compressed substantially over the past twelve months. Many private 1031 exchange investors are attracted to Dollar General properties due to their long-term leases that feature no landlord responsibilities, low price points, and extremely successful and e-commerce resistant business model. We were able to utilize our robust network of developers and brokers to identify this acquisition opportunity prior to the property being publicly marketed,” said Robert Edwards, Managing Partner.

About Blue West Capital

Blue West Capital is a net lease real estate investment advisory firm focused on the acquisition and disposition of single-tenant net leased properties, retail shopping centers, and commercial investment properties nationwide. We are a team of commercial real estate experts committed to helping our clients achieve their investment goals through a combination of exceptional client communication, professional collaboration, and individual experience. For additional information, please visit www.bluewestcapital.com

PR Contact

Krissy Simmons

(720) 996-1631

krissy@bluewestcapital.com

GET IN TOUCH