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Dollar General | 2.50% Buyside Fee

Clarksville, Arkansas

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NNN Pro Group is pleased to present the exclusive listing for a Dollar General located at 3273 Highway-71 in Clarksville, Arkansas. The site consists of roughly 12,668 rentable square feet of building space on estimated 3.58-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced September 28th, 2023. The current annual rent is $112,980 and is scheduled to increase in each of the 5, 5-year renewal options.

✓ Newly Executed 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
✓ New Construction Location
✓ Rental Increases of 10% in Each Option Period
✓ Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each Bringing the Potential Lease Term Remaining to 40 Years
✓ Strong Corporate Guarantee | Investment Grade Credit (S&P BBB)

Key Details

Price:
$1,765,313
Cap Rate:
6.40%
Annual Rent:
$112,980
Address:
3273 Highway-21, Clarksville, Arkansas 72830
Property Type:
Net Lease Dollar Store
Lease Type:
Triple Net (NNN)

Original Lease Term:
15 Years
Lease Commencement:
September 28, 2023
Lease Expiration:
September 30, 2038
Lease Term Remaining:
14.5 Years
Rental Increases:
10% Each Option Period
Lot Size:
3.58 Acres
Building Size:
12,668 SF
Year Built:
2023
Tenant:
Dollar General | 2.50% Buyside Fee

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Daniel Price

License: 10401306175

Rocco Driscoll

License: 10401370484

Broker of record

Brian Brockman

Bang Realty-Arkansas, Inc

License: PB00082359


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