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9135 Hwy 31 N
Lonoke, AR 72086
Dollar General · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.30 AC
Frontage
263’ on Hwy 31 N

About 9135 HWY 31 N , LONOKE, AR 72086

INVESTMENT HIGHLIGHTS: Brand new 2019 construction (Dollar General’s 9,100 SF Prototype) 15-Year Absolute NNN Lease (Zero Management Responsibility) Ideal investment for a 1031 exchange buyer seeking a reliable and passive source of cash flow Extremely strong corporate guarantee from Dollar General Corporation Located on the Northeast corner of Hwy 236 and Hwy 231 Attractive 10% rent increases in each of the Five, 5-year extension periods Dollar General is the #1 dollar store in the country with ± 16,000 locations Dollar General holds a strong investment grade credit rating of BBB Dollar General recently formed a strategic partnership with FedEx and Western Union: the partnership will encourage a more diverse customer base, of which they believe will stick around and shop Dollar General is making a push to further expand its consumable goods to more frozen and refrigerated items with a goal of being a “one-stop shop” for consumers DOLLAR GENERAL’S RECENT PARTNERSHIPS AND MARKET EXPANSION DRAW INVESTORS

Property Taxes

Property Taxes

Parcel Number
001-05865-001
Land Assessment
$2,000
Improvements Assessment
$23,880
Total Assessment
$25,880
  • Listing ID: 17156465

  • Date on Market: 9/10/2019

  • Last Updated:

  • Address: 9135 Hwy 31 N, Lonoke, AR 72086

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