- For Sale $525,000
- Property Type Retail - Freestanding
- Property Size 8,125 SF
- Lot Size 0.69 Acre
- Property Tenancy Single Tenant
- Year Built 2003
- Year Renovated 2019
- Date Updated Mar 19, 2024
Located approximately 1 hour southwest of Little Rock, Arkansas (72 mi) in the middle of the quaint town of Bismarck.Bismarck, Arkansas, is home to the DeGray Lake Resort State Park located on an island off the shorelines of the serene 13,800-acre DeGray Lake, the only state park resort located in Arkansas. The site is located just off Arkansas Highways 7 and 84 on Millennium Park Dr. The lease structure is double-net with limited owner responsibilities. The current lease term ends April 30, 2027, with two (2) five (5) year option extensions.
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Attachments
Highlights
- Dollar General (NYSE: DG) single tenant NN lease
- Recent updates in 2019 includes two new HVAC systems
- Current NOI: $50,400 (2023)
- Current Rent: $4,200 / month
- Current lease term ends April 30, 2027 with two (2) five (5) year options/ extensions
- 5- Year Extension 1: $4,600/ month / 5- Year Extension 2: $5,040/ month
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Contacts
Mark Griffin, CCIM, CM&AA
Griffin Partners
(864) 315-3734
Location
Getting Around
-
Walk Score ®
Car-Dependent (30) -
Bike Score ®
Somewhat Bikeable (25)
Powered by Walk Score ®
- City Bismarck, AR
- Neighborhood Bismarck
- Zip Code 71929
Points of Interest
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Valero
0.09 miles
Contact Listing Broker
Mark Griffin, CCIM, CM&AA
Griffin Partners
(864) 315-3734