Dollar General for Sale in Ratcliff, AR
Ratcliff, AR
Key Investment Metrics
Price
$1,045,000
Cap Rate
7.5%
Net Operating Income
$78,394
Building Size
9100 SF
Land Area
1.41 Acres
Remaining Term
5.3 years
Lease Expiration
10/31/2031
Lease Term
15 years
Lease Commencement
11/01/2016
Lease Type
NNN
Tenant Credit
Corporate Guarantee
Year Built
2016
Occupancy
100%
Tenancy
Single
Rent Increases
10% Increase in Each
Property overview
Dollar General in Ratcliff
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,100 SF
- Land area
- 1.41 acres
- Year built
- 2016
- Lease type
- NNN
- Lease expiration
- 10/31/2031
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
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.