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.