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8,320 SF Family Dollar in Virgilina, VA

JCP represented a private investor for the purchase of a Family Dollar store located in Virgilina, Virginia.  This 8,320 square foot building was leased to Family Dollar on a long term lease and purchased from a California investor through a 1031 tax deferred exchange. The capitalization rate for the purchaser was over 8%.  This purchaser is a repeat client.