Dollar General
$796,200
PRICE
8.0%
CAP RATE
9,014
SQUARE FOOTAGE
15 YRS.
LEASE TERM

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PROPERTY ADDRESS

4701 Highway 135 North, Paragould, AR 72450

PROPERTY INFORMATION

Price:
$796,200
Cap Rate:
8.0%
Term Remaining:
7.75 years Years
Year Built:
2010
Status:
Available

INVESTMENT HIGHLIGHTS

  • NN Lease | Requires Minimal Landlord Responsibilities
  • Rent Increases 10% at Each of the 4, 5 Year Option Periods
  • Corporate Guarantee by Dollar General | S&P Rating: “BBB”
  • Lease Features a 3% Rent Increase Scheduled in August 2020
  • Building was Built-to-Suit DG and was Completed 2010
  • Parking Lot Resealed/Striped in 2016
  • Inquire with Broker About Extra Lot Associated with SALE