DOLLAR GENERAL MARKET

1211 W. South Street, Benton, AR 72015
$2,229,120

Cap Rate
6.25%
Gross SQFT
10,566
Year Built
2024
Term Remaining
±15 YRS
Property Type
Retail

INVESTMENT HIGHLIGHTS

LOCATION HIGHLIGHTS

  • Brand new 2025 build-to-suit construction for Dollar General
  • Dollar General Market stores are DG’s grocery store concept and confirm that they are projecting a very large sales volume
  • 5% Rent increase every 5-years for the life of the lease
  • ±15-years remaining on the base term of an initial 15-year lease
  • Absolute NNN with zero landlord responsibilities
  • Five, 5-year renewal options, all of which include an attractive 5% increases
  • Average household income of $90,736 annually
  • 3-mile population of 25,205 residents
  • 5-mile population of 43,890 residents
  • Traffic counts on Hwy 30 exceed ±68,000 vehicles daily
  • Large ±1.86 acre lot (±81,021 SF)
  • Benton is a wealth suburb located within the Little Rock MSA (±734,622 residents)

 

TENANT HIGHLIGHTS

  • Corporate guaranteed lease from Dollar General Corporation
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies throughout the COVID pandemic
  • Dollar General has approx. 21,000 locations and plans to continue their expansion for the foreseeable future
  • Dollar General boasts an investment grade credit rating of BBB (S&P) and has reported 34 consecutive quarters of same store sales growth

Broker of Record

  • Kyle Matthews
  • License No. PB00084217 (AR)
  • (866) 889-0550
  • MREIS AR Real Estate
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203