46 E Priddy St - Freestanding FOR SALE


Magazine, AR 72943
$1,282,000 USD
918-794-9516
46 E Priddy St, Magazine, AR for Sale
$1,282,000 USD
Freestanding - FOR SALE
1/1
null | 6.4% Cap Rate

46 E Priddy St
Magazine, AR 72943


HIGHLIGHTS

  • Investment Grade Credit Tenant
  • 2020 Build-To-Suit Construction
  • Long-Term Lease
  • Triple Net Lease Investment
  • Desirable Rental Increases in Option Periods

OVERVIEW

Northmarq is pleased to offer to qualified investors a single-tenant retail property, 100% leased to Dollar General, located in Magazine, AR ("the Property"). The Property consists of a ± 9,100 SF building and ± 1.50 acres of land. Dollar General is operating under a fifteen (15) year absolute NNN lease featuring five (5), five (5) year renewal options with 10% rental increases in each option. Dollar General Corporation is an investment-grade company currently holding a Standard & Poor’s rating of BBB/Stable.

FOR SALE DETAILS

PRICE

$1,282,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

CV

APN/PARCEL ID

120-00321-000,120-00322-000,120-00327-000

ASK ABOUT THIS PROPERTY

Chad ByerlyNorthmarqMore Info
918-794-9516

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Chad ByerlyNorthmarqMore Info
918-794-9516

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.