Dollar General Double Net Lease Investment 3817 Highway 1, Cherry Valley, AR Cap Rate 8.14%

Cap Rate: 8.14%
NOI: $69,216
Building Size: 9,100 sqft
Lot Area: 1 acres
Lease Type: Double Net
Year Built: 2010
Price Per Sqft: $93.41

Price: $850,000 USD

DESCRIPTION
Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,100 SF Dollar General Located at 3817 Highway 1 in Cherry Valley, Arkansas. This Opportunity Includes a Corporate Guarantee on a High-Quality Tenant That Has Been Deemed an Essential Business, Providing For a Secure Investment.

HIGHLIGHTS
• Corporate Guarantee From Investment Grade Tenant Dollar General Corporation (NYSE: DG); Dollar General Has Been Deemed an Essential Business
• Dollar General Has Hired Over 50,000 New Employees to Support Operations Across Its Organization Amid Heightened Demand to Meet Customers Essential Needs
• Dollar General Makes a Compelling Investment Opportunity in Light of the Country's Current Economic Challenges, Read More Here
• Wells Fargo Believes Dollar General is Best-Positioned For COVID-19 Economic Fallout; Read More Here
• Lower Price Point Deal
• Residents Within a 3-Mile Radius Are Making an Average Household Income of $52,646
• Located On State Road 1 About Halfway Between Jonesboro and Forest City, and is Approximately 51-Miles From Memphis, TN
• An Agriculturally Rich Area, Cherry Valley Capitalized on Its Position at the Intersection of Arkansas State Highways 1 and 42; As of 2012, the Town of 651 People Primarily Focuses
on Agriculture and Related Businesses
• The Largest Employer in Cherry Valley is ECS House Industries, Inc., Which Makes Customized Farming Equipment

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
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