Dollar General - Upcoming Remodel | 11610 Highway 253
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Dollar General - Upcoming Remodel 11610 Highway 253
9,100 SF Retail Building Fort Smith, AR 72916 $1,140,000 ($125/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Dollar General With 8+ Years Remaining in Current Term - Absolute NNN Lease
- 10% Rental Increase Every 5 Years Throughout Options
- Affluent Area With an Average Household Income of $100K+ in a 1-Mile Radius
- Dollar General Informed Seller Plans to Complete Extensive Store Remodel Very Soon
- Healthy 5-Mile Demographics With Over 31K+ Residents
- Fort Smith is the Third-Most Populous City in Arkansas With a Total Population of 89,975 With a Growing Rate of 0.23% Annually
EXECUTIVE SUMMARY
In Cooperation With Brian Brockman at Bang Realty-Arkansas Inc | AR #PB00082359 | bor@bangrealty.com | (513) 898-1551
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
C
Year Built
2017
Price
$1,140,000
Price Per SF
$125
Cap Rate
7%
NOI
$79,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.92 AC
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Dollar General - Upcoming Remodel | 11610 Highway 253
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