May 28, 2021 – Jason Woods of Horvath & Tremblay has successfully completed the sale of Dollar General in Sulphur Springs, Arkansas. Horvath & Tremblay procured the buyer to complete the transaction at a sale price of $1,550,000.
Dollar General is located at 197 S Highway 59 in Sulphur Springs, Arkansas. This is a new construction Dollar General that was completed in 2021. The property consists of a 9,002 square foot stand-alone building on a 1.13-acre parcel of land. Dollar General has 14+ years of term remaining on a corporate guaranteed Absolute Net lease followed by three, 5-Year renewal options. The lease calls for a 10% increase at the start of each renewal option. The new construction Dollar General has outstanding visibility and frontage along Arkansas Highway 59, the towns primary commercial and commuter corridor. With extremely limited commercial shopping options in and around Sulphur Springs, Dollar General is able to service the town which is not currently served by a big box department store or grocery store. Sulphur Springs, AR is located 33 miles north of Fayetteville, AR, in the Fayetteville–Springdale–Rogers MSA, which is the 22nd fastest growing MSA in the United States.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.