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7985 Edgemont Rd 10,556 SF Retail Building Greers Ferry, AR 72067 $1,468,985 ($139.16/SF) 6.50% Cap Rate



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
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
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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7985 Edgemont Rd
