RWNK Reps Seller In Sale Of Site For New Dollar General Store

Jul 26, 2017 No Comments by

Michael Scarpino, CCIM, Senior Associate of NAI Rauch Weaver Norfleet Kurtz & Co., announced that he represented the seller, Lake Drive Investments, LLC in the $400,000 sale of a .9962 acre site for the development of a new Dollar General retail outlet. 

The property, located at the SW Corner of Holly Lake Dr. and Military Trail in Lake Worth was purchased by DG LE, LLC, an affiliate of Eastern Atlantic Land Development, LLC of Miami, who will build the store.

 

“This is a great acquisition for the buyer,” commented Scarpino. “There is a lot of retail activity in this growing retail corridor and a new Dollar General store will add to the mix.” 

The seller also owns the NW Corner at this location and will either sell it, develop it or joint venture it. 

The buyer, DG LE, LLC, was represented by Maria Vasile of Maria Vasile, P.A.

 

 

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Industry News, Palm Beach County Retail, Retail
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