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7985 Edgemont Rd
Greers Ferry, AR 72067
Retail Property For Sale
Executive Summary
Commercial Realty, LLC is pleased to offer this established Dollar General Plus located in Greers Ferry Arkansas near 40,000 acres of crystal clear water of Greers Ferry Lake. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5 (5 year) options to renew with 10% rental rate increases at each option. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. Initial Lease Term is 10/14/2020 - 10/31/2035. 5 (5 year ) options available with 10% rental rate increase at each option.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,556 SF
Building Class
B
Year Built
2020
Price
$1,468,985
Price Per SF
$139.16
Cap Rate
6.50%
NOI
$95,484
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.47 AC
Zoning
Commercial
Parking
30 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
353’ on Edgemont Road
Property Taxes
| Parcel Number | 200-01054-100 | Improvements Assessment | $92,534 |
| Land Assessment | $30,598 | Total Assessment | $123,132 |
Property Taxes
Parcel Number
200-01054-100
Land Assessment
$30,598
Improvements Assessment
$92,534
Total Assessment
$123,132
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