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104 Highway 8 W, Hamburg, AR

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104 Highway 8 W

Hamburg, AR 71646-8858

Property Type:Retail Sub Type:- Status:Existing Year Built:-
Building Size:9,100 SF Land Area:1.37 AC (59,677 SF)
For Sale Price:$1,115,000 Price/SF:$122.53
Cap Rate:6.95 %

Sale Notes:
Stan Johnson Company is pleased to offer for sale to qualified investors an attractive retail property 100% leased to Dollar General located in Hamburg, Arkansas.
Dollar General is operating under a Fifteen (15) year Absolute NNN lease with Fifteen (15) years remaining. The lease features Five (5), Five (5) year renewal options with 10% rental increases every Five (5) years in the option periods.
Dollar General is a U.S. chain of variety stores headquartered in Goodlettsville, Tennessee. As of February 2017, it operated 13,320 stores located in 43 states. The company currently holds an investment grade credit rating of BBB/Stable with S&P.

Hamburg is located in Ashley County, about 125 miles from Little Rock. It has a population of 2,857 at the 2010 census. Hamburg is located in the lower delta region of Arkansas. The area is rich in culture with artists of all types energyzing the population and museums that perpetuate its storied history.
Crosset is approximately 15 miles from Hamburg, the largest city in Ashley County, Arkansas. Crosset is home to the Georgia Pacific Corporation, an American pulp and paper company. They are one of the world' s leading manufacturers of tissue, pulp, paper, and toilet paper. Georgia Pacific Corporation employees around 35,000 workers.

Stan Johnson Company
Chad Byerly
(918) 494-2690

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