12051 US-62 East - Convenience Store FOR SALE


Henderson, AR 72544
$1,415,808 USD
332-345-4222
12051 US-62 East, Henderson, AR for Sale
$1,415,808 USD
Convenience Store - FOR SALE
1/2
null | 6.25% Cap Rate

12051 US-62 East
Henderson, AR 72544


HIGHLIGHTS

  • Long-Term Absolute Triple Net Lease
  • Investment Grade Guarantee The subject property features a strong, investment grade credit, corporate guarantee
  • Below Market Rents The subject property features below-market, easily replaceable rent

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Dollar General located at 12051 Hwy 62 East, Henderson, AR 72544. The site consists of roughly 9,100 rentable square feet of building space on an estimated 2.46-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 6/25/2020. The current annual rent is $88,488 and has scheduled increases of 10.00% at start of each option period.

FOR SALE DETAILS

PRICE

$1,415,808 USD

PRICE/SF

$156 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

2.46 AC

LAND SF

107,158 SF

ZONING

-

APN/PARCEL ID

001-02941-000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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