Dollar General | 604 W Main St
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Dollar General 604 W Main St
10,500 SF Retail Building Lavaca, AR 72941 £1,104,567 (£105/SF) 8% Net Initial Yield
Investment Highlights
- 2023 retrofit for Family Dollar Tree
- Corporately guaranteed lease
- 10-mile population of ±42,229 residents
- ±8.5 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50 / SF) in all four, 5-year options
- Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
Executive Summary
BROKER OF RECORD
KYLE MATTHEWS
LIC # PB00084217 (AR)
MREIS AR Real Estate
1600 West End, Ste. 1500 Nashville, TN 37203
KYLE MATTHEWS
LIC # PB00084217 (AR)
MREIS AR Real Estate
1600 West End, Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
C
Year Built
2023
Price
£1,104,567
Price Per SF
£105
Net Initial Yield
8%
NOI
£88,365
Tenancy
Single
Number of Floors
1
Building FAR
0.25
Lot Size
0.97 AC
PROPERTY TAXES
Parcel Number | 68718-0001-00007-03 | Improvements Assessment | £48,081 |
Land Assessment | £8,128 | Total Assessment | £56,209 |
PROPERTY TAXES
Parcel Number
68718-0001-00007-03
Land Assessment
£8,128
Improvements Assessment
£48,081
Total Assessment
£56,209
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Dollar General | 604 W Main St
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