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DOLLAR GENERAL MARKET 1211 W South St

10,566 SF Office Building Benton, AR 72015 £1,744,175 (£165/SF) 6.25% Net Initial Yield

Investment Highlights

  • Brand new 2025 build-to-suit construction for Dollar General
  • 5% Rent increase every 5-years for the life of the lease
  • Absolute NNN with zero landlord responsibilities
  • Dollar General Market stores are DG’s grocery store concept and confirm that they are projecting a very large sales volume
  • ±15-years remaining on the base term of an initial 15-year lease
  • Five, 5-year renewal options, all of which include an attractive 5% increases

Executive Summary

Broker of Record
Kyle Matthews
License No. PB00084217 (AR)
(866) 889-0550
MREIS AR Real Estate
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
10,566 SF
Building Class
C
Year Built
2024
Price
£1,744,175
Price Per SF
£165
Net Initial Yield
6.25%
NOI
£109,011
Tenancy
Single
Number of Floors
1
Typical Floor Size
10,566 SF
Building FAR
1.43
Lot Size
0.17 AC
Parking
5 Spaces (0.47 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
805-17699-000
Land Assessment
£1,095
Improvements Assessment
£0
Total Assessment
£1,095
  • Listing ID: 34135235

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 1211 W South St, Benton, AR 72015

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