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Dollar General 7427 Highway 66 10,640 SF Retail Building Timbo, AR 72680 $1,848,805 CAD ($173.76 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 15-Year Absolute Triple-Net (NNN) Lease
- New Construction Dollar General
- Investment Grade Guarantee
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Dollar General located at 7427 AR-66, Timbo, AR 72680. The site consists of roughly 10,640 rentable square feet of building space on an estimated 2.03-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 12/5/2021. The current annual rent is $86,868 and has scheduled increases of 5.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,640 SF
Building Class
C
Year Built
2021
Price
$1,848,805 CAD
Price Per SF
$173.76 CAD
Cap Rate
6.50%
NOI
$120,172 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.03 AC
Frontage
165’ on Arkansas 66
PROPERTY TAXES
| Parcel Number | 001-07117-001 | Improvements Assessment | $125,041 CAD |
| Land Assessment | $11,929 CAD | Total Assessment | $136,970 CAD |
PROPERTY TAXES
Parcel Number
001-07117-001
Land Assessment
$11,929 CAD
Improvements Assessment
$125,041 CAD
Total Assessment
$136,970 CAD
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Dollar General | 7427 Highway 66
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