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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

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

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Financing By

Discount

Dollar General | Extended Lease

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

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

Financing By

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