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Dollar General 21086 Hickory Flat #97 9,026 SF Retail Building Springdale, AR 72764 $1,974,201 CAD ($218.72 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Long-Term NNN Lease
- Built-to-Suit Construction
- Corporate Guarantee
- Attractive Rent Increases
Executive Summary
SURMOUNT is pleased to present the exclusive listing for a Dollar General located at 21086 W Hickory Flat WC 97, Springdale, AR 72764. The site consists of roughly 9,026 rentable square feet of building space on an estimated 2.24-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 3/26/2021. The current annual rent is $89,820 and has scheduled increases of 10.00% at each period.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,026 SF
Year Built
2021
Price
$1,974,201 CAD
Price Per SF
$218.72 CAD
Cap Rate
6.25%
NOI
$123,388 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.24 AC
Parking
28 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
75’ on West Hickory Flat Road
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 001-18303-002 | Improvements Assessment | $184,752 CAD |
| Land Assessment | $44,454 CAD | Total Assessment | $229,205 CAD |
Property Taxes
Parcel Number
001-18303-002
Land Assessment
$44,454 CAD
Improvements Assessment
$184,752 CAD
Total Assessment
$229,205 CAD
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Dollar General | 21086 Hickory Flat #97
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