Dollar General
Timbo, AR
Key Details
| Price: | $1,389,888 |
|---|---|
| Cap Rate: | 6.25% |
| Annual Rent: | $86,868 |
| Address: | 7427 Arkansas 66, Timbo, Arkansas 72680 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 12/5/2021 |
| Lease Expiration: | 12/31/2036 |
| Lease Term Remaining: | 12 Years |
| Rental Increases: | 5.00% Every 5 Years |
| Lot Size: | 2.03 Acres |
| Building Size: | 10,640 SF |
| Year Built: | 2021 |
NNN Pro is pleased to present the exclusive listing for a Dollar General located at 7427 Arkansas 66, Timbo, Arkansas 72680. The site consists of roughly 10640 rentable square feet of building space on an estimated 2.03-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 12/5/2021. The current annual rent is $86,868 and has scheduled increases of 5.00% Every 5 Years.
About the Investment
- High Visibility and Ease of Access | The property is situated on AR Highway-66 (West Main Street) which brings 2,176 vehicles daily.
- Limited Competition | The location benefits from the lack of alternative general retailers in the area.
- Strong Dollar General Demographics | The average household income is $50,444 within a three-mile radius, $50,907 within a five-mile radius, and $47,243 within a ten-mile radius of the subject property.
- Proximity to Town Attractions | The subject property is within one mile of Timbo High School, the Timbo Valley Assembly of God Church, and the Timbo Landmark Missionary Baptist Church.
Key Details
| Price: | $1,389,888 |
|---|---|
| Cap Rate: | 6.25% |
| Annual Rent: | $86,868 |
| Address: | 7427 Arkansas 66, Timbo, Arkansas 72680 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 12/5/2021 |
| Lease Expiration: | 12/31/2036 |
| Lease Term Remaining: | 12 Years |
| Rental Increases: | 5.00% Every 5 Years |
| Lot Size: | 2.03 Acres |
| Building Size: | 10,640 SF |
| Year Built: | 2021 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Daniel Price
dprice@nnnpro.com
License: NY: 10401306175
Broker of Record
Brian Brockman
Bang Realty-Arkansas, Inc
License: PB00082359
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.