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7415 Hwy 351, Jonesboro, AR, 72405

Dollar General

$1,200,350

Key Information

Cap Rate
6.85%
$ per SF
$131
Tot. SF
9,100
Lot Size
1.28 Acres
Year Built
2018
Term Remaining
± 7.25 Years
Type
Retail
Occupancy
100%
NOI
$82,224

Highlights

• 2018 Built-to-Suit construction for Dollar General
• ABS NNN lease with ZERO landlord responsibilities
• 5-mile population in excess of 15,533 residents
• Extremely strong average household income of $123,050 proving an affluent surrounding community to support the store for years to come
• Corporately guaranteed lease from Dollar General
• Nearby national tenants include McDonald’s, Taco Bell, Wendy’s, Target, Chick-Fil-A, Walmart Supercenter, and many more
• Dollar General operates ±21,000 locations and plans to continue their expansion for the foreseeable future
• Dollar General has an investment-grade credit rating of BBB (S&P)
• Dollar General was considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
• Dollar General has a market cap of ±25 billion

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # PB00084217 (AR)
MREIS AR Real Estate
1600 West End Ave, Ste. 1500 Nashville, TN 37203