150 S 1st St - Convenience Store FOR SALE


Oxford, AR 72565
$1,184,492 USD
332-345-4222
150 S 1st St, Oxford, AR for Sale
$1,184,492 USD
Convenience Store - FOR SALE
1/2
null | 6.5% Cap Rate

150 S 1st St
Oxford, AR 72565


HIGHLIGHTS

  • Long-Term Absolute Triple Net Lease The subject property features an absolute triple net lease, with zero landlord responsibilities, spanning over 11
  • 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 150 South 1st Street, Oxford, AR 72565. The site consists of roughly 9,026 rentable square feet of building space on an estimated 2-acre parcel of land. This Dollar General is subject to a 15 -year Triple Net (NNN) lease, which commenced 5/14/2020. The current annual rent is $76,992 and has scheduled increases of 10.00% at start of each option period.

FOR SALE DETAILS

PRICE

$1,184,492 USD

PRICE/SF

$131 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

40

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C

APN/PARCEL ID

645-00069-000,645-00069-003

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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