919-921 Route 130 in Burlington — Courtesy: Wolf Commercial Real Estate
By Joshua Burd
A developer has acquired a 15,600-square-foot retail property in Burlington, where plans call for a series of renovations and the build-out of a new Dollar General store.
Brokers with Wolf Commercial Real Estate represented the seller, SDR Group, in its disposition of 919-921 Route 130. Capital Growth Buchalter, a Birmingham, Alabama-based firm, acquired the property in order to build the new 9,100-square-foot location for the dollar store chain.
The developer also extended an existing lease with Fastenal in the property’s remaining 6,500 square feet, WCRE said in a news release. It’s now slated to replace the façade, expand parking and install a new monument sign on Route 130.
WCRE Senior Associate Ryan Barikian and Associate Mike Scanzano completed the assignment on behalf of SDR, a family-owned real estate company, while also representing the buyer.
