Dollar General – Gould, AR

  • dg gould ressized

Available $1,017,383 - Retail - Single Tenant
Cap Rate:  6.65%Size:  9,100 SFTerm:  10 Years Remaining Print

 Investment Offering & Highlights

  • ABSOLUTE NNN LEASE STRUCTURE
    Zero Landlord responsibilities for operating or capital expenses
  • RENT INCREASES BETWEEN OPTIONS
    Very attractive 10% rent increases between each 5 year option
  • CORPORATE BACKED LEASE
    “BBB“ investment grade credit rating by Standard & Poor’s
  • POSITIONED DIRECTLY ON US-65 (N GOULD AVENUE)
    The property sits directly on US-65 (N Gould Avenue) the area’s main north-south highway with daily traffic counts in excess of 7,100 vehicles
  • IDEAL DEMOGRAPHICS FOR DOLLAR GENERAL
    Approximately  5,000 residents with an average household income of $45,000 within a 5-mile radius

Property Description

THE SUBJECT PROPERTY IS A 9,100 SQUARE FOOT DOLLAR GENERAL LOCATED IN GOULD, ARKANSAS, WHICH IS APPROXIMATELY 75 MILES SOUTHEAST OF LITTLE ROCK. DOLLAR GENERAL SIGNED A 15-YEAR LEASE, WHICH COMMENCED IN JANUARY 2016, LEAVING OVER 10 YEARS REMAINING ON THE TENANT’S INITIAL LEASE TERM. THE LEASE PROVIDES FOR 10% RENT INCREASES BETWEEN EACH FIVE-YEAR RENEWAL OPTION. THE LEASE IS ABSOLUTE NNN PROVIDING FOR ZERO LANDLORD RESPONSIBILITIES.

Dollar General is the nation’s largest U.​S retail chain with over 16,500 locations with plans to grow by 1,000 stores each year.​ Dollar General has been in business for over 80 years and has a current net worth of over $6.2 billion with annual revenues in excess of $27 billion.​ Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit of BBB.​

Located along us-highway 65 (North Gould Avenue), Dollar General benefits from its direct exposure along the area’s main north-south highway with daily traffic counts in excess of 7,100 vehicles.

Additional Details

  • Price: $1,017,383
  • Cap Rate: 6.65%
  • Lease Term: 10 Years Remaining
  • Building Size: 9,100 SF
  • Lot Size: 2.00 Acres
  • Status: Available
Property Location