Cap Rate
6.68%
$ per SF
$144
6403 Hwy 5 North, Midway, AR, 72651
Dollar General
$1,300,000
Key Information
Tot. SF
9,026
Lot Size
2.9 Acres
Year Built
2012
Term Remaining
±7 YRS
Type
Retail
NOI
$86,851
Highlights
• 2013 built-to-suit construction for Dollar General
• Tenant exercised their 1st renewal option with zero landlord concessions
• Attractive 10% rent increase coming in January 2028 (Cap Rate will increase to 7.35%, assuming a purchase at list price)
• Top 25% of all DG stores nationwide (Placer. Ai)
• Oversized ±2.90 Acre parcel
• Corporate guaranty from Dollar General Corporation
• Midway is located in northern Arkansas, just outside of Mountain Home
• 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 has a market cap of ± 25 billion
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