Contacts

Mark Griffin, CCIM, CM&AA

Griffin Partners

(864) 315-3734

Property Details

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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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

Attachments

DG_Bismarck_OM (PDF) opens in new window

Getting around

30/100
Walk Score ®
25/100
Bike Score ®

Powered by Walk Score ®

Location

City Bismarck, AR
Neighborhood Bismarck
Zip Code 71929

Points of Interest

Valero

0.09 miles

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Map of Property

103 Millennium Park Dr