Discount
Dollar General | Extended Lease
1407 AR-18, Lake City, AR 72437
Listing Price: $771,000
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
5.6
Gross SF
9,014
Guarantor
Corporate Guarantee
Rentable SF
9,014
Price/Gross SF
$85.53
Lease Type
Double Net
Rent Per Square Feet
$5.99
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 18,000+ LOCATIONS IN 46 STATES • $33.7 BILLION NET SALES FY 2020 • $21.6% SALES INCREASE FROM 2019 • RANKED #91 ON FORTUNE 500 LIST
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $771,000
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
5.6
Gross SF
9,014
Guarantor
Corporate Guarantee
Rentable SF
9,014
Price/Gross SF
$85.53
Lease Type
Double Net
Rent Per Square Feet
$5.99
Investment Highlights
- TENANT HAS EXTENDED THE LEASE TWO (2) PREVIOUS OCCASIONS
- 5.5+ YEARS REMAINING ON CURRENT TERM
- DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
- HIGHWAY 18 LOCATION | 11,000+/- VPD
- LOW RENT | ONLY PAYING $5.99 PER SQUARE FOOT
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 18,000+ LOCATIONS IN 46 STATES • $33.7 BILLION NET SALES FY 2020 • $21.6% SALES INCREASE FROM 2019 • RANKED #91 ON FORTUNE 500 LIST
Exclusively Listed By
Broker of Record
Financing By
