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2009 E Kings Hwy
Paragould, AR 72450
Strong Demographics | Absolute NNN Lease · Retail Property For Sale
PROPERTY FACTS
About 2009 E Kings Hwy , Paragould, AR 72450
Lease & Location: - Ideal 1031 exchange property for a buyer seeking a secure source of passive income - Brand new 2019 construction (rent commencement of February) - 15-Year absolute NNN lease (zero management responsibilities) - ±17,000 vehicles daily on Kings Highway - Paragould is home to more than 30,000 residents and is one of the larger cities in the state of Arkansas - Extremely strong corporate guarantee from Dollar General Corporation - Five, 5-Year renewal periods, all of which include a 10% rent increase Tenant: - Investment grade credit rating of BBB, recently upgraded from BBB- - Dollar General currently operates ±15,500 locations nationwide with plans to add another ±900 store is 2019 - Dollar General is the premier dollar store and the nation’s largest small-box discount retailer - Dollar General has a market cap of more than $30 billion - Paragould is home to more than 30,000 residents and is one of the larger cities in the state of Arkansas - Average household incomes of greater than $62,000 annually
PROPERTY TAXES
Parcel Number | 1004-32440-003 | Improvements Assessment | $39,350 |
Land Assessment | $55,300 | Total Assessment | $94,650 |
PROPERTY TAXES
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Listing ID: 15282013
Date on Market: 2/26/2019
Last Updated:
Address: 2009 E Kings Hwy, Paragould, AR 72450
The Retail Property at 2009 E Kings Hwy, Paragould, AR 72450 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.