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Dollar General

Bevill St, Gosnell, AR 72315

Listing Price: $504,000

Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
2.1
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$4.72

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.

Investment Highlights

  • Double Net Lease With Just Over Two Years Remaining
  • Two, Five Year Option Periods Remaining - All Including A Rental Increase
  • Over 17,000 People Within A 5-Mile Radius

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Discount

Dollar General

Listing Price: $504,000

Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
2.1
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$4.72

Investment Highlights

  • Double Net Lease With Just Over Two Years Remaining
  • Two, Five Year Option Periods Remaining - All Including A Rental Increase
  • Over 17,000 People Within A 5-Mile Radius

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.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

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