Dollar General | Absolute NNN lease

2108 West Huntsville Avenue, Springdale, AR

$1,221,333

Price

7.35%

Cap Rate

$89,768.04

NOI

Overview
Cap Rate
7.35%
NOI
$89,768.04
Building Size
9,344 sqft
Lot Area
1.2 acres
Lease Type
Absolute Net
Year Built
2012
Description

Triple Net Investment Group is pleased to present Dollar General located in Springdale, AR . Dollar General has over 4 years left on its primary NNN Lease. Base rent is fixed for the initial term of the lease and tenant has 5 (5) year options to renew with 10% rent increases in each option period. The tenant is responsible for all maintenance of the property, insurance and reimburses landlord for taxes. Area national brands includes Circle K, Walmart Super Store, Chevrolet, and Extended Stay America.

Highlights
  • Populated area with 112,284 Population in Five Miles Radius
  • $79,889 Household Income In Five Miles Radius
  • Lot Size: 1.20 Acres and Building Size: 9,344 S.F
  • Absolute NNN lease
  • Corporate Guarantee
  • S&P BBB– Credit
  • Traffic Count: 21,105
Documents
Title
Offering Memorandum
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Location
Gallery