12051 US-62 East - Convenience Store FOR SALE
Henderson, AR 72544 |
$1,361,354 USD
918-510-6765
12051 US-62 East
Henderson, AR 72544
HIGHLIGHTS
- Long-Term Absolute Triple Net Lease The subject property features an absolute triple net lease, with zero landlord responsibilities
- 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 U.S. 62, Henderson, Arkansas 72544. The site consists of roughly 9100 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
$1,361,354 USD
PRICE/SF
$150 USD /SF
CAP RATE
6.5%
% 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
-
LAND DETAILS
LAND ACRES
2.46 AC
LAND SF
107,158 SF
ZONING
-
APN/PARCEL ID
001-02941-000
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918-510-6765
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918-510-6765
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