For Sale
$412,988

570 Vine StNewark, AR 72562

High-Yield Dollar General Triple Net Lease

Overview

Added:
Feb 11
Days on market:
44

Highlights

  • $412,988 asking price for a net-leased retail property.
  • 8,000 square foot convenience store, grocery store, and pharmacy located in Newark, AR.
  • 100% occupancy with a credit-rated, corporate-guaranteed lease to Dollar General, Dollar Tree, and Family Dollar.
  • 5.3 years remaining on the lease with two, five-year options; 8.35% rent bumps in the options.
  • 8.00% cap rate with a $33,040 annual net operating income (NOI).
  • 0.78-acre lot, single building constructed in 1999.

Property Details for 570 Vine St

Property type
Retail properties, Drug stores
Square Feet
8,000 SF
Year Built
1999
Buildings
1
Lot Size (sq. ft)
33,977 SF

Location Insight

City
Newark
County
Independence
State
Arkansas
Latitude
35.702573407535
Longitude
-91.448092519588
570 Vine St, Newark, Arkansas
Leaflet | © OpenStreetMap contributors

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570 Vine St
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