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Dollar General 21086 Hickory Flat #97 9,026 SF Retail Building Springdale, AR 72764 $1,437,120 ($159.22/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term NNN Lease
- Built-to-Suit Construction
- Corporate Guarantee
- Attractive Rent Increases
EXECUTIVE SUMMARY
SURMOUNT is pleased to present the exclusive listing for a Dollar General located at 21086 W Hickory Flat WC 97, Springdale, AR 72764. The site consists of roughly 9,026 rentable square feet of building space on an estimated 2.24-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 3/26/2021. The current annual rent is $89,820 and has scheduled increases of 10.00% at each period.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,026 SF
Year Built
2021
Price
$1,437,120
Price Per SF
$159.22
Cap Rate
6.25%
NOI
$89,820
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.24 AC
Parking
28 Spaces
Frontage
75’ on West Hickory Flat Road
PROPERTY TAXES
| Parcel Number | 001-18303-002 | Improvements Assessment | $134,490 |
| Land Assessment | $32,360 | Total Assessment | $166,850 |
PROPERTY TAXES
Parcel Number
001-18303-002
Land Assessment
$32,360
Improvements Assessment
$134,490
Total Assessment
$166,850
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Dollar General | 21086 Hickory Flat #97
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