1164 HWY 133 N, CROSSETT, AR 71635-8838 For Sale

Fortis Net Lease is pleased to present this relocation Dollar General Plus store located in Crossett, Arkansas. Dollar General is relocating from an old location across town, to a newly renovated 16,508 square foot building on Highway 133. The store’s updated location includes a brand new 15 Year NN+ Lease in place, leaving zero responsibilities to the owner. The lease contains five (5) year options to renew, each with a 10% rental rate increase at options. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, and is classified as Investment Grade. The store’s lease began on 4/29/21 and will continue until 4/30/36.

This brand-new Dollar General Store is highly visible from State Highway 133, with approximately 11,410 vehicles passing this location each day. Directly across the street are a Hollywood Motel and four independent churches. The three-mile population from the site is 6,596 and the three-mile average household income is $52,685 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store.