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21530220
21530219

150 1st St, Oxford, AR 72565

DP
NY 10401300635
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
Listed by SURMOUNT
$1,166,545
270 days on market
Updated 112 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 9,026
Units 1
Cap Rate 6.6%
NOI $76,992
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NNN
Lease Term 15.1
Lease Expiration 05/31/2035
Remaining Term 9
Price per SqFt $129
Year Built 2020
Acreage 2.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/14/2020
Ownership Fee Simple

Retail | 6.60% CAP | 9,026 SqFt

Marketing description

NNN Pro is pleased to present the exclusive listing for a Dollar General located at 150 1st Street, Oxford, Arkansas 72565. The site consists of roughly 9026 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.

Investment highlights

About the Investment

  • Long-Term Absolute Triple Net Lease The subject property features an absolute triple net lease, with zero landlord responsibilities, spanning over 11 years.

  • 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.

Listing Contacts

DP
NY 10401300635
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,992.00
$6,416.00/mo

Valuation Metrics

0
DSCR
6.6%
Cap Rate
6.6%
ROI

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Additional Information

Name
Brian Brockman
License
PB00082359
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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