Historical Retail Sale Listing - Free Standing Dollar General-Oak Grove, AR

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Free Standing Dollar General-Oak Grove, AR

4701 Hwy 135, Paragould, AR 72450

N/A

9,014 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
9,014 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:
7.25%
No. Stories:
1
Tenancy:
Single
Year Built:
2010
Lot Size:
1.12 SF
Listing ID
18039127
Last Updated
over 1 year ago

Highlights

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

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.

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

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Created 2/20/2013