PHOENIX, ARIZ. (Jan. 20, 2022) – NAI Horizon represented a Casa Grande, Arizona, family trust in the purchase of a Dollar General store in Oregon from Scottsdale, Arizona-based developer Josh Simon of SimonCRE.
NAI Horizon Senior Vice President Rick Foss represented the buyer, the Thomas A. and Olivia DuVall Family Trust of Casa Grande in the purchase of a Dollar General store at 1410 6th St., in Umatilla, Oregon.
“The family could not find a quality, absolute triple-net (NNN) investment opportunity in Arizona in that price range,” Foss said. “This Dollar General store in Oregon was chosen from a limited number of properties because it fit their criteria, which included a corporate guarantee for the current lease term and all future options.”
SimonCRE was self-represented.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions and a gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit www.naiglobal.com.