Stan Johnson Co. Arranges $8.5 Million Sale of Four Dollar General Locations Across Georgia

Bishop, Colbert, Cornelia and Loganville, Ga. — Stan Johnson Co. has arranged the sale of four Dollar General locations in Bishop, Colbert, Cornelia and Loganville. Doug Clyburn and Julie Clyburn of Stan Johnson Co. represented the 1031 exchange buyer in all transactions. The four sellers were private investors based in Alabama, California and Georgia. Together, the four properties were sold for $8.5 million. Combined, the properties total nearly 38,000 square feet and are occupied under long-term net leases. The Colbert location was a Dollar General Plus, a concept larger than the traditional Dollar General format that features an expanded grocery section with additional perishable items.