3655 AR 38 East hwy - Retail FOR SALE
Austin, AR 72007 |
$2,289,744 USD
214-692-2289
3655 AR 38 East hwy
Austin, AR 72007
HIGHLIGHTS
- Lease Structure: Absolute Triple-Net (NNN) Lease – No landlord responsibilities; tenant covers property taxes, insurance, and maintenance.
- Built-in Rent Growth: Fixed 5% rent escalations every 5 years, ensuring long-term rent growth and investment value.
- Long-Term Security: 15-year initial lease term with Five, 5-year extension options, all of which include a 5% rental increase.
- Market Store: Dollar General Market stores are DG’s grocery store concept and confirm that they are projecting a very large sales volume.
- Prime Retail Visibility: Located at 55-109 AR HWY 38, Austin, AR 72007, benefiting from strong daily traffic and excellent accessibility.
FOR SALE DETAILS
PRICE
$2,289,744 USD
PRICE/SF
$215 USD /SF
CAP RATE
6.65%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL MARKET
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
335-00057-001
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214-692-2289
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214-692-2289
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