ACI Apartments is pleased to announce the recent sale of a 2017 development property leased by a Dollar General Store in Edinburgh, PA. The property is situated on a 2.00+ acre lot and is located at 4110 W. State Street, Edinburg, PA. It was purchased by The Saul and Sonia Family Trust of San Diego for $1,495,000.
The buyer was represented by Terry Moore CCIM of ACI, as part of a 1031 tax deferred exchange. The seller, Edinburg DPP, LLC from Pennsylvania was represented by Andrew Fallon of Calkain Advisors in Herndon, VA.
The property was built in 2017 and is located between New Castle, PA and Youngstown, OH. The tenant, Dollar General has a 15-year lease with three and five year renewal options.
ACI is the most successful income property brokerage firm in the county since 1982. They specialize in apartment and investment property transactions, and have maintained a solid performance despite changing economic cycles. With an average of more than 140 closed escrows per year, ACI has closed more San Diego County income property escrows than any other firm in the county – that’s more properties than the number two and number three firms combined. Please visit us online at www.aciapartments.com