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29159185
29159186

6187 Hwy 178 W, Lakeview, AR 72642

CC
TX 697980
Trinity Real Estate Investment Services
EK
TX 9007104
Trinity Real Estate Investment Services
CH
TX 597585
Trinity Real Estate Investment Services
BB
TX 611825
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services
$1,411,200
14 days on market
Updated 14 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,640
Units 1
Cap Rate 6.5%
NOI $91,728
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+3)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/29/2037
Remaining Term 11.3
Rent Bumps Yes
Lease Options Five (5), 5-Year; 10%
Price per SqFt $133
Year Built 2022
Buildings 1
Acreage 1.570
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 04/25/2022
Ownership Fee Simple

Retail | 6.25% CAP | 10,640 SqFt

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Lakeview, AR. The subject property is located in a qualified opportunity zone, offering potential tax advantages for investors.

Property Website: https://trinityreis.com/listing/6187-hwy-178-w/

In cooperation with Brian Brockman at Bang Realty-Arkansas Inc. | AR #PB00082359 | [email protected] | (513) 898-1551

Investment highlights

  • 2022 Dollar General in Lakeview, AR With 11+ Years Remaining on Primary Term

  • Absolute NNN Lease – Zero Landlord Responsibilities

  • 10% Rent Increases in the Option Periods

  • 10,640 Square Foot Prototype That Accommodates a Larger Volume of Customers

  • Limited Retail Competition, the Only Convenient Store in Lakeview, Supporting Retail Needs for the Area

  • Large 1.57-Acre Property Along Hwy 178 With 4,000+ Vehicles Passing Daily

  • Situated on a Tourist-Friendly Community, Benefiting From Seasonal Traffic and Proximity to Bull Shoals Lake

  • Located in a Qualified Opportunity Zone, Offering Potential Tax Advantages for Investors

  • Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 20,000+ Locations

Listing Contacts

CC
TX 697980
Trinity Real Estate Investment Services
EK
TX 9007104
Trinity Real Estate Investment Services
CH
TX 597585
Trinity Real Estate Investment Services
BB
TX 611825
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$91,728.00
$7,644.00/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Brian Brockman
License
AR #PB00082359
Brokerage
Bang Realty-Arkansas Inc.
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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