108 S Bay Dr - Retail FOR SALE
Bay, AR 72411 |
$767,824 USD
248-227-0817
108 S Bay Dr
Bay, AR 72411
HIGHLIGHTS
- Dollar General exercised an early five-year lease extension and undergoing an interior renovation, indicating a strong commitment
- Bay, AR is part of the Jonesboro, AR MSA and is located 10 miles southeast of Jonesboro, which has a total population of ±80,560.
- Minimal competition as the closest national Dollar Store chain is over 5 miles from the subject property.
- Dollar General boasts an investment-grade credit rating of BBB (S&P).
- Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future.
- Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.
FOR SALE DETAILS
PRICE
$767,824 USD
PRICE/SF
$85 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.29 AC
LAND SF
56,192 SF
ZONING
-
APN/PARCEL ID
10-135213-00801
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248-227-0817
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248-227-0817
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