December 4, 2016
Two Dollar General Stores in Rosharon and China, TX were sold to a privately-owned company in Sugar Land, TX. Ethan Offenbecher, with TREK Investment Group in Austin, represented the buyer; Sands Investment Group represented the seller which, according to county records, was merchant builder Capital Growth Buchalter of Birmingham, AL.
Offenbecher also arranged financing for the transaction. The sales price was undisclosed.
The 9,160-square-foot China store is at 285 U.S. 90, and came on line in 2014. In Rosharon, the 8,780-square-foot store at 625 FM 1462 opened in 2015. Both properties are net-leased, with the leases averaging more than 13 years.
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