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Dollar General 5291 State Road 24 9,002 SF Retail Building Chidester, AR 71726 $1,088,111 ($120.87/SF) 7.15% Cap Rate
Investment Highlights
- Absolute NNN – Zero Landlord Responsibilities
- Dollar General is accompanied by an Investment Grade “BBB” Credit Rating
- Zero Competition in the Area – Dollar General is the Only Corporate Tenant in the Area
- Located 60 Miles East of Texarkana and 55 Miles South of Hot Springs
- Long Lease Term Remaining – Over ±11.5 Years Remaining on the Current Term
- Recession Resistant Tenant – Dollar General has been historically profitable during times of market uncertainty
Executive Summary
Broker of Record
Kyle Matthews
License No. PB00084217 (AR)
(866) 889-0550
MREIS AR Real Estate
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. PB00084217 (AR)
(866) 889-0550
MREIS AR Real Estate
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
B
Year Built
2021
Price
$1,088,111
Price Per SF
$120.87
Cap Rate
7.15%
NOI
$77,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.03 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Property Taxes
| Parcel Number | 921-00057-000R | Improvements Assessment | $0 |
| Land Assessment | $270 | Total Assessment | $270 |
Property Taxes
Parcel Number
921-00057-000R
Land Assessment
$270
Improvements Assessment
$0
Total Assessment
$270
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Dollar General | 5291 State Road 24
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