This Retail Property is Off-Market.

4701 Hwy 135
Paragould, AR 72450 ·

9,014 SF · Retail For Sale

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Free Standing Dollar General-Oak Grove, AR

Price N/A Cap Rate 7.25%
Building Size 9,014 SF No. Stories 1
Property Type Retail Tenancy Single
Property Sub-type Free Standing Bldg Year Built 2010
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 1.12 SF
Commission Split 2.5%
Listing ID: 18039127 Date Created: 02/20/2013 Last Updated: 06/28/2013

Description

New free standing building leased to Dollar General Corp under a NNN lease. 15 year base term with rental increase beginning in year 11. Only Landlord responsibilities are roof and parking which tenant pays $300/month CAM. Contact agent for marketing package and other off market free standing Dollar Generals

Oak Grove/Paragould is located in NE Arkansas approximately 15 miles north of Jonesboro.

Oak Grove is located in Northeast Arkansas approximately 20 miles North of Jonesboro and less than two hours from Memphis, TN.

Highlights

  • 7.25% Return Guaranteed by an Investment Grade Tenant
  • Minimal Landlord responsibilities
  • New construction in 2010

Research

4701 Hwy 135, Paragould, AR 72450 (Greene County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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