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Dollar General 7427 Highway 66 10,640 SF Retail Building Timbo, AR 72680 $1,286,933 ($120.95/SF) 6.75% Cap Rate
Investment Highlights
- Essential Rural Retail Location
- Long-Term Corporate Dollar General Lease
- Zero Landlord Responsibilities
- Limited Retail Competition
- Growing Regional Population Base
- Gateway to Mountain View Trade Area
Executive Summary
Surmount is pleased to present the exclusive listing for a Dollar General located at 7427 Arkansas 66, Timbo, AR 72680. The site consists of roughly 10,640 rentable square feet of building space on an estimated 2.03-acre parcel of land. Dollar General is subject to a 15.08-year Triple Net (NNN) lease, which commenced 12/5/2021. The current annual rent is $86,868 and has scheduled increases of Throughout Options: 10.00%.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,640 SF
Building Class
C
Year Built
2021
Price
$1,286,933
Price Per SF
$120.95
Cap Rate
6.75%
NOI
$86,868
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.03 AC
Frontage
165’ on Arkansas 66
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 001-07117-001 | Improvements Assessment | $89,410 |
| Land Assessment | $8,530 | Total Assessment | $97,940 |
Property Taxes
Parcel Number
001-07117-001
Land Assessment
$8,530
Improvements Assessment
$89,410
Total Assessment
$97,940
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