Dollar General | 12051 US-62 East
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Dollar General 12051 US-62 East
9,100 SF Retail Building Henderson, AR 72544 £1,107,799 (£122/SF) 6.25% Net Initial Yield
Investment Highlights
- Long-Term Absolute Triple Net Lease
- Below Market Rents The subject property features below-market, easily replaceable rent
- Investment Grade Guarantee The subject property features a strong, investment grade credit, corporate guarantee
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Dollar
General located at 12051 Hwy 62 East, Henderson, AR 72544.
The site consists of roughly 9,100 rentable square feet of building
space on an estimated 2.46-acre parcel of land. This Dollar
General is subject to a 15-year Triple Net (NNN) lease, which
commenced 6/25/2020. The current annual rent is $88,488 and
has scheduled increases of 10.00% at start of each option period.
General located at 12051 Hwy 62 East, Henderson, AR 72544.
The site consists of roughly 9,100 rentable square feet of building
space on an estimated 2.46-acre parcel of land. This Dollar
General is subject to a 15-year Triple Net (NNN) lease, which
commenced 6/25/2020. The current annual rent is $88,488 and
has scheduled increases of 10.00% at start of each option period.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,100 SF
Building Class
C
Year Built
2020
Price
£1,107,799
Price Per SF
£122
Net Initial Yield
6.25%
NOI
£69,237
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
2.46 AC
Parking
28 Spaces (3.08 Spaces per 1,000 SF Leased)
Frontage
255 ft on U.S. 62
PROPERTY TAXES
Parcel Number | 001-02941-000 | Improvements Assessment | £0 |
Land Assessment | £15,649 | Total Assessment | £15,649 |
PROPERTY TAXES
Parcel Number
001-02941-000
Land Assessment
£15,649
Improvements Assessment
£0
Total Assessment
£15,649
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Dollar General | 12051 US-62 East
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