Dollar General for Sale in North Little Rock, AR

North Little Rock, AR

RetailConvenience StoreGrocery StoreStorefrontDollar StoreNN+Net Lease

Key Investment Metrics

Price

$540,000

Cap Rate

8.0%

Net Operating Income

$43,200

Building Size

9014 SF

Land Area

3 Acres

Remaining Term

3.2 years

Lease Expiration

09/30/2029

Lease Type

NN+

Tenant Credit

Corporate Guarantee

Year Built

2004

Occupancy

100%

Tenancy

Single

Rent Increases

10% bumps each option

Dollar General brand image

Property overview

Dollar General in North Little Rock

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
9,014 SF
Land area
3 acres
Year built
2004
Lease type
NN+
Lease expiration
09/30/2029

Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.

Before you make an offer

Four things to verify

  1. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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