Pinnacle Real Estate Advisors, LLC is pleased to announce the Wright-Johnson National Net Lease Investment Sales Team has completed the sale of a net lease, single tenant Dollar General portfolio consisting of two properties. The two Iowa Dollar General properties were both constructed in 2004. Each of the leases feature over seven years remaining on the current term and rental escalations in the current and renewal terms.

The portfolio included the following Dollar General properties:

• 702 US Highway 61, Wapello, IA 52653
• 1200 W 5^th Street, Wilton, IA 52778

Zach Wright and Jeff Johnson of Pinnacle Real Estate Advisors represented the seller in the transaction; a Midwest-based developer. The purchaser was a high net worth investor based in the Midwest.

“We received significant investor interest in these properties as they boasted strong store sales and rental escalations in the primary term. Furthermore, Dollar General illustrated a strong commitment to these locations as evidenced by early lease extensions at both properties,” said Zach Wright, Associate Advisor.

“These transactions represent Pinnacle’s push into the national net lease investment sales space. We have an experienced team focused on the disposition of net lease investment properties nationwide,” added Jeff Johnson, Co-Founder and Principal.