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Newark Dollar General 570 Vine St

8,000 SF Retail Building Newark, AR 72562 $626,438 CAD ($78 CAD/SF) 7.50% Cap Rate

Retail Buildings Arkansas Newark 570 Vine St, Newark, AR 72562

Investment Highlights

  • 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 ±20,000 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has a market cap of ±$30 billion

Executive Summary

Dollar General has occupied this location since 1999. term lease with six years remaining. Located ±15 miles east of Batesville. Average household income of $56,616 in a 2-mile radius, considered to be ideal for Dollar General. there only one other discount retailer in the city of Newark. Extremely strong corporately guaranteed lease.

Attachments

Dollar-General-570-Vine-St-Newark-AR-OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2001
Price
$626,438 CAD
Price Per SF
$78 CAD
Cap Rate
7.50%
NOI
$46,983 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.78 AC
Zoning
C - Commercial
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(214) 347-7988

Contact

  • Listing ID: 33352645

  • Date on Market: 2024-09-30

  • Last Updated:

  • Address: 570 Vine St, Newark, AR 72562

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Newark Dollar General | 570 Vine St
(214) 347-7988 x

Newark Dollar General | 570 Vine St

Wyatt Wagner

(214) 347-7988

(214) 347-7988

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