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15620 Mac Arthur Dr 9,014 SF Retail Building North Little Rock, AR 72118 $540,000 ($59.91/SF) 8% Cap Rate
Investment Highlights
- Fully leased Dollar General
- Five, 5-Year | 10% bumps each option
- NN+ lease structure with approximately 3.3 years remaining on a corporate-guaranteed lease
Executive Summary
landlord responsibilities.
Located just off Highway 264 with connectivity to I-40 and Highway 65, the asset offers excellent accessibility within the North Little Rock trade area. This offering presents investors with the opportunity to acquire a stabilized retail asset leased to an established national tenant in a highly accessible location.
Property Facts
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Property Taxes
| Parcel Number | 42R-024-00-025-00 | Improvements Assessment | $144,469 |
| Land Assessment | $19,911 | Total Assessment | $164,380 |
Property Taxes
Contacts
-
Colby Hoagland -
Cole Baldwin -
Marshall Saviers -
Cushman & Wakefield | Sage Partners
Presented by
15620 Mac Arthur Dr
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