Cap Rate
6.00%
Year Built
2023
Leasable Area
10,566 SF
Property Type
Retail
INVESTMENT HIGHLIGHTS
- 2023 build-to-suit construction for Dollar General
- ±14.75 years remaining on an initial 15-Year lease
- Relocation store from a previously existing site less than a quarter mile away
- Relocation stores confirm proven locations within an established customer base
- Dollar General PLUS prototype (Larger ±10,566 SF building)
- Abs NNN lease structure with zero landlord responsibilities
- Five, 5-Year Options all with 10% increases
- Corporately guaranteed lease from Dollar General Corporation
- Excellent retail corridor with surrounding national tenants
- Traffic counts in excess of ±20,000 on N Center Street
- Subject property is located ±8.6 miles from the University of Arkansas with over + 30,000 students on campus.
Broker of Record
- Kyle Matthews
- License No. PB00084217 (AR)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203