Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 119 Bevill Street in Gosnell, Arkansas. This investment opportunity is being offered at $504,000 which represents a 7.50 percent cap rate. The subject property is a 8,000 square foot build that completed construction in 2000 on a 0.84 acre parcel. This Dollar General currently has just over two years remaining on the current lease term with two, five year option periods which all include rental increases. This Dollar General has a double net lease agreement which gives the landlord responsibility for roof, structure, and taxes. The tenant reimburses for insurance and contributes $133 a month in common area maintenance. Dollar General is currently undergoing a remodel with product and interior fixtures. Gosnell, Arkansas is located in Mississippi County which is in northeast Arkansas. This location borders the Mississippi River along Arkansas and Tennessee. The city of Gosnell is a bedroom community near Blytheville, Arkansas.