7985 Edgemont Rd - Freestanding FOR SALE


Greers Ferry, AR 72067
$1,468,985 USD
501-313-8477
7985 Edgemont Rd, Greers Ferry, AR for Sale
$1,468,985 USD
Freestanding - FOR SALE
1/3
null | 6.5% Cap Rate

7985 Edgemont Rd
Greers Ferry, AR 72067


OVERVIEW

Commercial Realty, LLC is pleased to offer this established Dollar General Plus located in Greers Ferry Arkansas near 40,000 acres of crystal clear water of Greers Ferry Lake. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5 (5 year) options to renew with 10% rental rate increases at each option. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. Initial Lease Term is 10/14/2020 - 10/31/2035. 5 (5 year ) options available with 10% rental rate increase at each option.

FOR SALE DETAILS

PRICE

$1,468,985 USD

PRICE/SF

$139 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,495 SF

ZONING

Commercial

APN/PARCEL ID

200-01054-100

ASK ABOUT THIS PROPERTY

JT MeisterCommercial Realty, LLCMore Info
501-313-8477

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

JT MeisterCommercial Realty, LLCMore Info
501-313-8477

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