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Dollar General | 7427 Highway 66
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Dollar General 7427 Highway 66
10,640 SF Retail Building Timbo, AR 72680 £1,105,367 (£104/SF) 6.25% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- High Visibility and Ease of Access | The property is situated on AR Highway-66 (West Main Street) which brings 2,176 vehicles daily
- Strong Dollar General Demographics | The average household income is $50,444 within a three-mile radius, $50,907 within a five-mile radius, and $47,24
- Limited Competition | The location benefits from the lack of alternative general retailers in the area
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Dollar General located at 7427 Arkansas 66, Timbo, Arkansas 72680. The site consists of roughly 10640 rentable square feet of building space on an estimated 2.03-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 12/5/2021. The current annual rent is $86,868 and has scheduled increases of 5.00% Every 5 Years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,640 SF
Building Class
C
Year Built
2021
Price
£1,105,367
Price Per SF
£104
Net Initial Yield
6.25%
NOI
£69,085
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
2.03 AC
Frontage
165 ft on Arkansas 66
PROPERTY TAXES
Parcel Number | 001-07117-001 | Improvements Assessment | £71,107 |
Land Assessment | £6,784 | Total Assessment | £77,891 |
PROPERTY TAXES
Parcel Number
001-07117-001
Land Assessment
£6,784
Improvements Assessment
£71,107
Total Assessment
£77,891
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Dollar General | 7427 Highway 66
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