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7985 Edgemont Rd 10,556 SF Retail Building Greers Ferry, AR 72067 $1,998,569 CAD ($189.33 CAD/SF) 6.50% Cap Rate



Executive Summary
Commercial Realty, LLC is pleased to offer this established Dollar General Plus located in Greers Ferry Arkansas near 40,000 acres of crystal clear water of Greers Ferry Lake. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5 (5 year) options to renew with 10% rental rate increases at each option. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. Initial Lease Term is 10/14/2020 - 10/31/2035. 5 (5 year ) options available with 10% rental rate increase at each option.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,556 SF
Building Class
B
Year Built
2020
Price
$1,998,569 CAD
Price Per SF
$189.33 CAD
Cap Rate
6.50%
NOI
$129,907 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.47 AC
Zoning
Commercial
Parking
30 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
353’ on Edgemont Road
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 200-01054-100 | Improvements Assessment | $127,466 CAD |
| Land Assessment | $42,149 CAD | Total Assessment | $169,614 CAD |
Property Taxes
Parcel Number
200-01054-100
Land Assessment
$42,149 CAD
Improvements Assessment
$127,466 CAD
Total Assessment
$169,614 CAD
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7985 Edgemont Rd
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