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Dollar General | Outside Little Rock | Long Term Absolute Net Lease | Outdoor Recreation Destination

7985 Edgemont Rd, Greers Ferry (Near Little Rock), AR 72067

Listing Price: $1,527,744

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
9.9
Gross SF
10,556
Guarantor
Corporate Guarantee
Rentable SF
10,556
Price/Gross SF
$144.73
Lease Type
Absolute Net
Rent Per Square Feet
$9.05

Investment Overview

Greers Ferry, located on the shores of the lake that shares it’s name, Greers Ferry Lake. With over 40,000 acres of crystal clear water that is perfect for fishing, scuba diving, waterskiing, and boating, it is no wonder that Greers Ferry has become one of Arkansas’ most popular tourist destinations for family vacations and group travel. Its shining jewel, Greers Ferry Lake is among the state’s five largest lakes. It’s also an award-winning reservoir that serves as the national model for environmental cleanliness. Corps of Engineers campgrounds and commercial parks are available, along with first-class lodging, lakeside resorts and fine restaurants. Shopping and historical sites are other attractions around the lake and in the city. The Little Red River below Greers Ferry Dam makes this area a prime cold water trout fishery as well.

Greers Ferry and its neighboring cities of Heber Springs and Fairfield Bay offer many large city amenities to this Ozark mountain paradise area. For any that consider retiring or relocating, there is no place like the Ozark mountain foothills. The peaceful community of Greers Ferry is known for its spectacular scenery, temperate climate, and friendly people. It is a community with medical and shopping facilities to fill all needs; social and civic organizations to meet all interests; and churches of most denominations. The school district, belonging to the NCA Association, is one of the best in the state. The high school’s championship basketball team and other sports teams add much excitement to the athletic events held.

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option.
  • Anchored by the Recreational Economy of Greers Ferry Lake - One of Arkansas's Largest Lakes and a Major Tourism Hub.
  • Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $40.61 Billion.
  • Features Easy Access and Excellent Visibility along Greers Ferry Rd within the Main Retail Corridor - Prime Positioning for Local and Pass-through Traffic.
  • Outdoor Recreation Destination – Surrounded by the Ozark Foothills, the Region Supports a Year-round Market of Outdoor Enthusiasts seeking Hiking, Kayaking, Camping, and ATV Trails.
  • Conveniently Positioned on the Northern side of Greers Ferry Lake to serve both Local Residents and the Thousands of Tourists each year visiting the Popular Lake during Peak Seasons.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Discount

Dollar General | Outside Little Rock | Long Term Absolute Net Lease | Outdoor Recreation Destination

Listing Price: $1,527,744

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
9.9
Gross SF
10,556
Guarantor
Corporate Guarantee
Rentable SF
10,556
Price/Gross SF
$144.73
Lease Type
Absolute Net
Rent Per Square Feet
$9.05

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option.
  • Anchored by the Recreational Economy of Greers Ferry Lake - One of Arkansas's Largest Lakes and a Major Tourism Hub.
  • Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $40.61 Billion.
  • Features Easy Access and Excellent Visibility along Greers Ferry Rd within the Main Retail Corridor - Prime Positioning for Local and Pass-through Traffic.
  • Outdoor Recreation Destination – Surrounded by the Ozark Foothills, the Region Supports a Year-round Market of Outdoor Enthusiasts seeking Hiking, Kayaking, Camping, and ATV Trails.
  • Conveniently Positioned on the Northern side of Greers Ferry Lake to serve both Local Residents and the Thousands of Tourists each year visiting the Popular Lake during Peak Seasons.

Investment Overview

Greers Ferry, located on the shores of the lake that shares it’s name, Greers Ferry Lake. With over 40,000 acres of crystal clear water that is perfect for fishing, scuba diving, waterskiing, and boating, it is no wonder that Greers Ferry has become one of Arkansas’ most popular tourist destinations for family vacations and group travel. Its shining jewel, Greers Ferry Lake is among the state’s five largest lakes. It’s also an award-winning reservoir that serves as the national model for environmental cleanliness. Corps of Engineers campgrounds and commercial parks are available, along with first-class lodging, lakeside resorts and fine restaurants. Shopping and historical sites are other attractions around the lake and in the city. The Little Red River below Greers Ferry Dam makes this area a prime cold water trout fishery as well. Greers Ferry and its neighboring cities of Heber Springs and Fairfield Bay offer many large city amenities to this Ozark mountain paradise area. For any that consider retiring or relocating, there is no place like the Ozark mountain foothills. The peaceful community of Greers Ferry is known for its spectacular scenery, temperate climate, and friendly people. It is a community with medical and shopping facilities to fill all needs; social and civic organizations to meet all interests; and churches of most denominations. The school district, belonging to the NCA Association, is one of the best in the state. The high school’s championship basketball team and other sports teams add much excitement to the athletic events held.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

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