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7150 Sr 124
Russellville, AR 72802

Retail Property For Sale

Investment Highlights

  • Ideal 1031 Exchange property for an investor seeking a reliable source of passive income
  • Extremely strong corporate guarantee from Dollar General Corporation
  • Absolute NNN lease (zero management responsibility)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,533 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.47 AC
Parking
31 Spaces
Frontage
168 ft on Arkansas 124

About 7150 Sr 124 , Russellville, AR 72802

INVESTMENT HIGHLIGHTS LEASE & LOCATION 2015 build-to-suit construction for Dollar General 11-Years remaining on an initial 15-year lease Average household income of $67,000 annually (considered to be Dollar General’s “sweet-spot”) TENANT Dollar General is ranked #123 on the Fortune 500 list and recently announced their 31st consecutive quarter of same-store sales growth Dollar General is the #1 discount retailer with more than 16,000 locations and an investment grade credit rating of BBB Dollar General plans to continue their expansion with 1,000 new locations slated for 2020 and will add stores in two new states, Wyoming and Washington

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
687-10001-000C
Land Assessment
$7,556
Improvements Assessment
$159,503
Total Assessment
$167,059
  • Listing ID: 21665378

  • Date on Market: 2020-12-04

  • Last Updated:

  • Address: 7150 Sr 124, Russellville, AR 72802

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