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Dollar General Market 16453 Vimy Ridge Rd

12,668 SF 4-Star Retail Building Alexander, AR 72002 £1,774,777 (£140/SF) 6.40% Net Initial Yield

Investment Highlights

  • Brand New 15-Year Lease Starting May 2024, with 5, 5-Year Renewal Options
  • Investment grade Credit Tenant (Rated “BBB” by Standard & Poor) with no Landlord Responsibilities
  • Lease Structure Includes 5.0% Rental Escalations Every Five Years
  • Investment opportunity featuring Dollar General Markets in Arkansas

Executive Summary

We are pleased to present an opportunity to purchase an investment grade single tenant net leased asset occupied by Dollar General (NASDAQ: DG) located at 16453 Vimy Ridge Road in Alexander, Arkansas. This investment is a Dollar General Market which sells produce and fresh meats, and are a necessary addition to the immediate neighborhoods they serve. Dollar General Markets have a selection of fresh items like produce, meat, dairy products, and perishable foods. The lease is brand new with a 15 year term commencing May of 2024 and is equipped with 5, 5-year options and the newest lease structure of 5.0% rental escalations every five (5) years.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
12,668 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
£1,774,777
Price Per SF
£140
Net Initial Yield
6.40%
NOI
£113,588
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Land Acres
2.29 AC
Frontage
448 ft on Vimy Ridge Rd

Amenities

  • Wheelchair Accessible
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 001-01488-000
  • 001-01487-001
 Improvements Assessment £0
Land Assessment £2,670 Total Assessment £2,670

PROPERTY TAXES

Parcel Numbers
Multiple
  • 001-01488-000
  • 001-01487-001
Land Assessment
£2,670
Improvements Assessment
£0
Total Assessment
£2,670
(949) 724-5552

  • Listing ID: 31586770

  • Date on Market: 23/04/2024

  • Last Updated:

  • Address: 16453 Vimy Ridge Rd, Alexander, AR 72002

The Retail Property at 16453 Vimy Ridge Rd, Alexander, AR 72002 is currently available For Sale. Contact Colliers for more information.

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© 2024 CoStar Group

Dollar General Market | 16453 Vimy Ridge Rd
(949) 724-5552 x

Dollar General Market | 16453 Vimy Ridge Rd

1/2

Jereme Snyder

(949) 724-5552

(949) 724-5552

Eric Carlton

(949) 724-5561

(949) 724-5561

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