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901 S. Blake Street, Pine Bluff, AR, 71603

DOLLAR GENERAL
$988,955

Key Information

Cap Rate
7.75%
Tot. SF
9,100
Year Built
2015
Term Remaining
±5 YRS
Type
Retail
NOI
$76,644

Highlights

LEASE & LOCATION:

  • 2015 build-to-suit construction for Dollar General
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Centrally located in a strong retail corridor of Pine Bluff
  • 5 Mile population in excess of 45,182 residents
  • Corporately guaranteed lease from Dollar General Corporation
  • Average household income of $60,076, which is considered to be in income “sweet spot” for Dollar General
  • Nearby national tenants include AutoZone, Days Inn, KFC, O’Reilly, Walgreens, Wendy’s, Sonic, and more

TENANT:

  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future
  • 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 a Market Cap of over 25 Billion

Photos

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Agents

Broker of Record

Kyle Matthews

License # PB00084217 (AR)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203