Dollar General Market

14011 Sardis Road, Shannon Hills, AR 72103

$2,027,000

Cap Rate 6.40%

Views: 154 DOM: 79 Updated: 09.05.24 Posted: 06.21.24 Status: Active

Summary

Price $2,027,000	Built/Renov 2024	Tenant Dollar General Market
Cap Rate 6.40%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 10,566	Lease Start 06-22-2024	#Units 19,986
Price/SF $191.84	Expiration 06-22-2039	Tenant Type Dollar/Discount
NOI $129,732	R. Term 14.9	Ownership Fee Simple
Rent/SF $12.28	Increases 5.0%/5/yrs	Pop 5Mi 62,210
Lot/AC 1.35	Options 5/5yrs/5%	AHHI 5Mi $72,747

Lease Highlights

Brand-new 2024 construction
New 15-year lease with 5 (5-year) options to extend
The lease features 5% rental escalations throughout the initial term and option periods
Absolute NNN | Zero landlord responsibilities
Corporate guarantee | Investment grade tenant

Location Description

Dollar General Market is strategically located on Sardis Rd, with access to 4,681 vehicles passing by daily. The property is conveniently situated in the most active retail area within this market and just south of I-30. The immediate area features well-known national tenants, including Kroger, Walmart, H&M, Old Navy, GameStop, The Home Depot, and more. The 5-mile trade area is supported by a...

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Key Features

New construction
Build to suit
Dense retail corridor
Near major nationals
Freeway close
Top 100 MSA
Brand new lease
Long 15+ yr lease
Traded and rated company
Investment grade tenant

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Links

Dollar General Market Wikipedia Dollar General Wikipedia Shannon Hills, Arkansas Zip Code 72103 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Dollar General Market
Guarantor:Corp T and Rated
Company:Dollar General Corp.
# Units:19,986
Tenant S&P: BBB
Moody’s: Baa2
Stock: NYSE: DG

About Tenant

Dollar General Corporation (NYSE: DG) is an American chain of variety stores. The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning supplies,...

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Listing Broker

Jereme Snyder

Colliers NNN Group

Contact

153 Listings
16654 Views
53 Sold

Eric Carlton

Colliers NNN Group

Contact

165 Listings
17932 Views
56 Sold

Jereme Snyder

Jereme S. Snyder is a Executive Vice President within the Retail Services Group in Greater Los Angeles and a Director of Colliers NNN Group for Colliers International nationwide. The Colliers Retail Services Team is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting in debt solutions. Colliers NNN Group is a national

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Eric Carlton

Eric Carlton serves as Executive Vice President within the Retail Capital Markets Group of Greater Los Angeles, Partner of the Colliers NNN Group, and Co-Founder of the Snyder/Carlton Team for Colliers International nationwide. The Colliers Retail Services Group is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting i

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