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Views: 108 DOM: 183 Updated: 10.06.24 Posted: 06.21.24 Status: Active

Summary

Price $1,384,976
Built/Renov 2021
Tenant Dollar General
Cap Rate 6.15%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 9,002
Lease Start 01-13-2021
#Units 19,986
Price/SF $153.85
Expiration 01-31-2036
Tenant Type Dollar/Discount
NOI $85,176
R. Term 11.1
Ownership Fee Simple
Rent/SF $9.46
Increases 0.0%/0/yrs
Pop 5Mi 682
Lot/AC 0.00
Options 5/5yrs
AHHI 5Mi $74,846

Lease Highlights

  • Dollar General has 11+ years remaining on the current lease term with 5 (5-year) options to extend
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee (NYSE: DG)
  • Investment grade tenant (S&P: BBB)

Location Description

Dollar General is strategically located at the signalized, hard corner intersection of US Highway 165 E and US Highway 13. The property is conveniently in the center of the most active retail area within the market. The 5-mile trade area is supported by a population of 682 residents with an affluent average household income of $74,846. Humnoke is a city in Lonoke County, Arkansas. The...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

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...


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Traffic

Collection Street Cross Street Year Traffic Vol Distance
State Highway 13 Rockwell Rd 2021 310 2.39 mi

Listing Broker

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