Dollar General | 819 N Center St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Dollar General 819 N Center St
9,014 SF Retail Building Lonoke, AR 72086 £853,130 (£95/SF) 7.50% Net Initial Yield
Investment Highlights
- Investment Grade Credit Tenant (Rated “BBB” by Standard & Poor)
- $27B Market Cap; $37B Total Revenue
- 5-Year Renewal Options
- 19K+ Total Locations, 170K+ Total Employees
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), a publicly traded industry leader, located at 819 N Center St. in Lonoke, Arkansas. This investment opportunity is situated just north of the main intersection in Lonoke, and is strategically positioned to serve the community and outlying residents. The first option was just exercised early providing approx. 5.5 years remaining on the term showing commitment to the location. There are still 4, 5-year options remaining with 10% rental escalations every five (5) years.
This Dollar General, established in August 2009, has proven its resilience and profitability over the years, solidifying its position as a cornerstone of the local retail landscape. The property’s strategic positioning within the Lonoke community provides consistent customer traffic and proven sales, making it an ideal choice for investors seeking a reliable and high-performing asset. This is an excellent opportunity to purchase an investment grade credit tenant (rated “BBB” by Standard and Poor) with zero landlord responsibilities.
This Dollar General, established in August 2009, has proven its resilience and profitability over the years, solidifying its position as a cornerstone of the local retail landscape. The property’s strategic positioning within the Lonoke community provides consistent customer traffic and proven sales, making it an ideal choice for investors seeking a reliable and high-performing asset. This is an excellent opportunity to purchase an investment grade credit tenant (rated “BBB” by Standard and Poor) with zero landlord responsibilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
C
Year Built
2009
Price
£853,130
Price Per SF
£95
Net Initial Yield
7.50%
NOI
£63,985
Tenancy
Single
Number of Floors
1
Building FAR
0.43
Land Acres
0.48 AC
Parking
20 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
301 ft on Center St
Amenities
- Pylon Sign
- Signage
- Air Conditioning
PROPERTY TAXES
Parcel Number | 780-16103-000 | Improvements Assessment | £71,294 |
Land Assessment | £9,168 | Total Assessment | £80,462 |
PROPERTY TAXES
Parcel Number
780-16103-000
Land Assessment
£9,168
Improvements Assessment
£71,294
Total Assessment
£80,462
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar General | 819 N Center St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.