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Hoxie, AR Dollar General

1127 Lincoln St, Walnut Ridge, AR

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For Sale

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Low-price point Dollar General with almost 4 years remaining on lease.

Type:RETAIL

Property size:

7,500 SF

Lot size:

0.62 Acres

Price / SF:

$56/SF

HighLights

Low Price Point Dollar General in Arkansas
Almost 4 Years Remaining on Lease
Tenant Recently Extended Lease
Tenant Converted Lease to NN Structure
Brand New Parking Lot and Loading Area
Low Rent PSF - Below $5/PSF

We can help!

Listing Contact

Cale Powers

For Sale

Contact for pricing

Low-price point Dollar General with almost 4 years remaining on lease.

Type:RETAIL

Property size:

7,500 SF

Lot size:

0.62 Acres

Price / SF:

$56/SF

Added:: Jul 9, 2024
Days on Market:: 707
Last Refresh:: May 20 at 9:10 pm

Property Features for 1127 Lincoln St

General Information

Standard status: Active
Size: 7,500 SF
Lot size: 0.62 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Cale Powers

Listing agent Chance Hales License #TX 697980

Listing office Trinity Real Estate Investment Services - Corporate

Listing date Jul 9, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate

HighLights

Low Price Point Dollar General in Arkansas
Almost 4 Years Remaining on Lease
Tenant Recently Extended Lease
Tenant Converted Lease to NN Structure
Brand New Parking Lot and Loading Area
Low Rent PSF - Below $5/PSF

Overview

This is an opportunity to acquire a Dollar General property in Hoxie, Arkansas. The tenant has almost 4 years remaining on the lease with limited landlord responsibilities. The tenant recently extended the lease and converted it to a NN structure. The tenant is fully responsible for property taxes and insurance, and pays $300 per month in CAM payments, which is not factored into the net operating income. The property features a brand new, completely resurfaced parking lot, along with new concrete for the loading area used by Dollar General trucks. The rent is below $5 per square foot. The property is priced below replacement cost at $60 per square foot. The building size is 7,500 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Location Insight

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Local Demand

City: Walnut Ridge
County: Lawrence
State: Arkansas
Longitude: -90.9652
Latitude: 36.0581

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What type of property is this?

Grocery and convenience store - Low-price point Dollar General with almost 4 years remaining on lease.

Where is this grocery and convenience store located?

The property is located at 1127 Lincoln St Walnut Ridge, AR.

What is the asking price?

The asking price for this property is $426,175.

What are key features of this property?

This property features: Low Price Point Dollar General in Arkansas; Almost 4 Years Remaining on Lease; Tenant Recently Extended Lease

1127 Lincoln St, Walnut Ridge, AR

Low-price point Dollar General with almost 4 years remaining on lease.

Property Features for 1127 Lincoln St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Walnut Ridge Commercial Building For Sale

Corner Retail Building

Former Family Dollar Retail Building

Flex Warehouse with Cold Storage

Medic One Ambulance Service Facility

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