Historical Retail Sale Listing - 15 YR NNN Leased Dollar General - Brand New

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15 YR NNN Leased Dollar General - Brand New

10493 Highway 5 South, Salesville, AR 72653

N/A

9,026 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
9,026 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Commission Split:
2.5%
Cap Rate:
7.50%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2011
Listing ID
17679564
Last Updated
over 1 year ago

Highlights

  • Great Location Near Norfolk Lake
  • Just Minutes From Mountain Home
  • 7.5% CAP Rate
  • Brand New Construction
  • 14 Years Left on Lease
  • Amazing Investment Opportunity!!

Description

Haag Brown Commercial is offering (3) Dollar General stores that have been completed in the last year by a local DG Developer. All (3) Dollar Generals are the new NNN (15) year leases that are extremely attractive for investment groups & 1031 exchange needs. All (3) leases started in the summer and fall of 2011.

They are offered at a 7.5% CAP rate on net income. The seller will package all (3) deals together or sell individually. These properties will not last long.

The demographics and income of all (3) stores are attractive. The store in Wooster, Arkansas is very close to Conway, which is one of the most desirable retail markets in Arkansas. The store in Salesville, Arkansas is close to Mountain Home, which is nationally known for its retirement population. The store in Maynard is close to Jonesboro, Arkansas, which is booming right now with medical and retail development.

Salesville, located in the Ozark Mountains of North Central Arkansas, sits at the intersection of Highway 5 and State Highway 177 in Baxter County. It is approximately 11 miles from Mountain Home, Arkansas known as one of the best vacation and retirement spots in the country.

Map of 10493 Highway 5 South, Salesville, AR 72653 (Baxter County)

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Created 5/25/2012