Dollar General
Henderson, AR
Key Details
| Price: | $1,415,808 |
|---|---|
| Cap Rate: | 6.25% |
| Annual Rent: | $88,488 |
| Address: | 12051 U.S. 62, Henderson, Arkansas 72544 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 6/25/2020 |
| Lease Expiration: | 6/30/2035 |
| Lease Term Remaining: | 10.7 Years |
| Rental Increases: | 10.00% At Start of Each Option Period |
| Lot Size: | 2.46 Acres |
| Building Size: | 9,100 SF |
| Year Built: | 2020 |
NNN Pro is pleased to present the exclusive listing for a Dollar General located at 12051 U.S. 62, Henderson, Arkansas 72544. The site consists of roughly 9100 rentable square feet of building space on an estimated 2.46-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 6/25/2020. The current annual rent is $88,488 and has scheduled increases of 10.00% At Start of Each Option Period.
About the Investment
- Long-Term Absolute Triple Net Lease The subject property features an absolute triple net lease, with zero landlord responsibilities, spanning over 11 years.
- Investment Grade Guarantee The subject property features a strong, investment grade credit, corporate guarantee.
- Below Market Rents The subject property features below-market, easily replaceable rent.
Key Details
| Price: | $1,415,808 |
|---|---|
| Cap Rate: | 6.25% |
| Annual Rent: | $88,488 |
| Address: | 12051 U.S. 62, Henderson, Arkansas 72544 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 6/25/2020 |
| Lease Expiration: | 6/30/2035 |
| Lease Term Remaining: | 10.7 Years |
| Rental Increases: | 10.00% At Start of Each Option Period |
| Lot Size: | 2.46 Acres |
| Building Size: | 9,100 SF |
| Year Built: | 2020 |
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.