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611 N Central Ave, Batesville, AR, 72501

Dollar General Market
$2,658,520

Key Information

Cap Rate
6.35%
Tot. SF
12,774
Year Built
2025
Term Remaining
±15 YRS
Type
Retail
NOI
$168,816

Highlights

 

  • Brand new 2025 build-to-suit construction for Dollar General
  • Upgraded construction building with a EFIS façade and corner entry (see renderings on page 5)
  • Relocation store from a previously existing site that was located 0.2-miles north
  • Dollar General MARKET stores are DG’s grocery store concept with an expanded section for consumable items
  • 15-Year lease term with Five, 5-Year renewal options
  • Attractive 5% rent increase every 5-years for the life of the lease
  • Absolute NNN lease with zero management responsibilities
  • Corporate guaranty from Dollar General Corporation
  • Larger 1.43 Acre lot
  • Dollar General boasts an investment grade credit rating of BBB (S&P)
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Dollar General has ±20,450 locations and plans to continue their expansion for the foreseeable future

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # PB00084217 (AR)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203