1609 E Main Street Active

Mountain View,AR 72560

$ 875000

- Bed

- Bath

9152 SqFt


Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 9,152 sqft

Price per Sqft $95

MLS Listing ID 25027427

Year Built 2008

Lot Size 1.140 Acres

Acres 1.14

Property Sub-Type Building and Land

Property Description

Corporate guaranteed lease with Dollar General. Lease started Feb 1, 2024- Jan 1, 2029, with a 5-year option to renew. $6249/month currently with an additional $363 monthly parking lot cam. Approximately 7.20 cap rate. Gross annual income of $79,344. Owner has maintenance taxes reimbursed. One of top grossing stores in this region. Of course, building and land only. HVAC has on-going long-term maintenance agreement. Priced for the perfect 1031 acquisition.

Location

State AR

County Stone

Area Mountain View & Stone County

Building

New Construction No

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