570 Vine St - Freestanding FOR SALE


Newark, AR 72562
$440,533 USD
214-347-7988
570 Vine St, Newark, AR for Sale
$440,533 USD
Freestanding - FOR SALE
1/2
null | 7.5% Cap Rate

570 Vine St
Newark, AR 72562


HIGHLIGHTS

  • Dollar General boasts an investment grade credit rating of BBB (S&P)
  • Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Dollar General has a market cap of ±$30 billion

OVERVIEW

Dollar General has occupied this location since 1999. term lease with six years remaining. Located ±15 miles east of Batesville. Average household income of $56,616 in a 2-mile radius, considered to be ideal for Dollar General. there only one other discount retailer in the city of Newark. Extremely strong corporately guaranteed lease.

FOR SALE DETAILS

PRICE

$440,533 USD

PRICE/SF

$55 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newark Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C

APN/PARCEL ID

0700537000C

ASK ABOUT THIS PROPERTY

Wyatt WagnerMatthews Real Estate Investment ServicesMore Info
214-347-7988

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Wyatt WagnerMatthews Real Estate Investment ServicesMore Info
214-347-7988

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