4758 AR-164 - Freestanding FOR SALE


Hartman, AR 72840
$1,998,000 USD
918-794-9516
4758 AR-164, Hartman, AR for Sale
$1,998,000 USD
Freestanding - FOR SALE
1/1
null | 6.75% Cap Rate

4758 AR-164
Hartman, AR 72840


HIGHLIGHTS

  • Absolute NNN - Zero Landlord Obligations
  • New Lease With Increases in Lease Term & Option Periods
  • Investment Grade Tenant
  • Brand-New, Build-To-Suit Construction
  • Good Demographics for a Dollar General

OVERVIEW

Northmarq is pleased to offer to qualified investors a single-tenant retail property, 100% leased to Dollar General, located in the city of Hartman, AR (the “Property”). The Property consists of a ± 10,566 SF building on ± 2.45 acres of land. This Dollar General is operating under a brand-new fifteen (15) year absolute NNN lease featuring five (5), five (5) year renewal options with 5% rental increases during the lease term and in each of the options. The Property is strategically positioned right off Interstate 40 on Arkansas Highway 164 and is a great location for travelers to stop for any grocery and other miscellaneous needs. Dollar General is a U.S. chain of variety stores with over 20,022 Dollar General, DG Market, DGX and pOpshelf stores across the U.S. and has thrived during the economic recovery of the last several years with their Revenues, Gross Profit and Net Income growing over 16% since January 2015.

FOR SALE DETAILS

PRICE

$1,998,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.45 AC

LAND SF

106,722 SF

ZONING

-

APN/PARCEL ID

001-10221-001

ASK ABOUT THIS PROPERTY

Chad ByerlyNorthmarqMore Info
918-794-9516

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

Chad ByerlyNorthmarqMore Info
918-794-9516

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