May 19, 2023

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

GRANDVIEW, WA – [May 19, 2023] – Blue West Capital has completed the sale of a new construction net leased Dollar General located at 1005 Plaza Way in Grandview, WA for $2,257,000. Zach Wright, of Blue West Capital, represented the purchaser, an all-cash 1031 exchange investor based in California. The seller was a development company based in the Southwest.

The Dollar General property is strategically located west of the signalized intersection of Wine Country Road and North Euclid Street and is about one mile south of Interstate 82. There are approximately 20,000 people living within a five-mile radius of the property. Grandview is located approximately 180 southeast of Seattle and 40 miles west Kennewick.

The Dollar General store opened in 2022 and features a long-term absolute triple net lease. Dollar General is an investment grade rated tenant (S&P: BBB) and is a publicly traded company (NYSE: DG) with a $47 billion market capitalization.

“Demand for Dollar General properties remains strong amongst 1031 exchange investors. These properties offer an investment grade rated tenant, an e-commerce and recession resistant business model, and a lower price point.”

Zach Wright, Director & Partner

Enter Your Information To Request The Offering Memorandum

Industry Role

We are ready to assist you.

Please fill out the form and we will be in touch shortly.

By providing a telephone number and submitting the form you are consenting to be contacted by SMS text message. Message & data rates may apply. Reply STOP to opt out of further messaging. Blue West Capital, LLC may use text messaging for client communications only and does not use text messaging for marketing or promotional matters. Please see Privacy Policy for further information.

Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246