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840 W Hillsboro St 10,566 SF Retail Building El Dorado, AR 71730 $1,803,170 CAD ($170.66 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Long term lease—7.5 years remaining
- High Traffic Location
- Corporately Guaranteed Lease
- $83,268 Household Income In Five Miles Radius
- Low Competition in the area
- Lot Size: 1.37 Acres and Building Size: 10,640 S.F
Executive Summary
Triple Net Investment Group is pleased to present Dollar General located in 840 West Hillsboro Drive, El Dorado AR 71730. Dollar General has over 7.5 years left on its primary NNN Lease. Base rent is fixed for the initial term of the lease and tenant has 5 (5) year options to renew with10% rent increases in each option period. The tenant is responsible for all maintenance of the property, insurance and reimburses landlord for taxes.
Broker of records
Wes Martin
Hathaway Group
2100 Riverdale Rd #2100
Little Rock, AR 7220
Broker of records
Wes Martin
Hathaway Group
2100 Riverdale Rd #2100
Little Rock, AR 7220
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,566 SF
Building Class
B
Year Built
2017
Price
$1,803,170 CAD
Price Per SF
$170.66 CAD
Cap Rate
7.50%
NOI
$135,238 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.37 AC
Frontage
186’ on Hillsboro St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
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 End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 4783-00298-000 | Improvements Assessment | $102,440 CAD |
| Land Assessment | $78,733 CAD | Total Assessment | $181,173 CAD |
Property Taxes
Parcel Number
4783-00298-000
Land Assessment
$78,733 CAD
Improvements Assessment
$102,440 CAD
Total Assessment
$181,173 CAD
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840 W Hillsboro St
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