5581 Highway 71 S - Freestanding FOR SALE
Cove, AR 71937 |
$921,465 USD
817-584-2000
5581 Highway 71 S
Cove, AR 71937
HIGHLIGHTS
- Dollar General in Cove, AR With 3+ Years Remaining on Current Term
- Landlord Favorable Lease - Tenant Fully Responsible for HVAC Repairs/Replacement
- 10% Increases in the Option Periods
- Limited Local Retail Competition - Store Serves as Primary Source of Goods for Local Residents
- Excellent Visibility Along Hwy 71 With Combined Traffic Counts of 5,000+ Vehicles Passing in Front of Subject Property Daily
- Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 21,000+ Locations
OVERVIEW
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Cove, AR. This property has 3+ years remaining on the current term under a landlord-favorable NN lease with the tenant fully responsible for HVAC repairs and replacement, and features 10% rent increases in the option periods.
In Cooperation with Brian Brockman at Bang Realty-Arkansas Inc. | AR #PB00082359 | bor@bangrealty.com | (513) 898-1551
FOR SALE DETAILS
PRICE
$921,465 USD
PRICE/SF
$102 USD /SF
CAP RATE
9%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.93 AC
LAND SF
40,511 SF
ZONING
-
APN/PARCEL ID
3200-00056-0000
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817-584-2000
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817-584-2000
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