Specializing in Waterfront & Waterview Properties...
(501) 206-6643

  $875,000

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1609 E Main Street
  • MLS Number: 25027427
  • Status Active
  • Approx. Sqft: 9152
  • Acres: 1.14
  • Lot Size: 1.14
  • Stories: One Story
  • Year Built: 2008
  • 1609 E Main Street
    Mountain View, AR 72560
Courtesy of: Moore and Company Realtors - Conway

Remarks

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.

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