Dollar General
4701 Hwy 135 N, Paragould, AR
$975,000
Price
6.73%
Cap Rate
$65,607
NOI
Overview
Description
.
Paragould is the county seat of Greene County. The city is located in northeastern
Arkansas on the eastern edge of Crowley's Ridge. Paragould is the principal city of
the Paragould MSA area and is also apart of the Jonesboro-Paragould Combined
Statistical Area.
The city is located 150 miles northeast of Little Rock and 80 miles northwest
of Memphis. The city sits in close proximity to some of the most plentiful lakes,
streams, and rivers in all of Arkansas. The city has been growing fast and quickly
accumulating more and more history and tradition. For instance, The Greene
County Fair is more than 100 years old and is the single largest county fair in the
state.
The historic downtown is home to Art and Stroll and the State's largest Zombie
Walk. The downtown area is located on Pruett Street and includes the restored
Collins Theatre and the Greene County 1888 Historic Courthouse, home of the
Paragould Regional Chamber of Commerce
Highlights
- NN Build-to-Suit Location | Minimal Landlord Responsibilities
- 7.5 Years Remaining in Term with Four, 5-Year Options Available
- Strong 10% Rental Escalations in Each Option Offers a Hedge Against Inflation
- Parking Lot Resealed/Striped in 2016
- Corporate Guarantee | NYSE: DG S&P 500 Component | Standard & Poor’s Investment Grade (S&P: “BBB-”) Tenant
- Nation’s Largest Small-Box Discount Retailer with Over 18,000 Locations Across 46 States
- Strong Demographics with Average Household Income Exceeding $77,039 Within a Two-Mile Radius of the Subject Property