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415 W MICHIGAN ST
STUTTGART, AR 72160
Asking Price
$900K
Cap Rate
9.33%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Retail Property For Sale <ul><li>Double Net Lease | Minimal Landlord Responsibilities| Corporate Guarantee | S&P Credit Rating "BBB"</li><li>The Store Was Built in 2014 as a Prototype Family Dollar That Was Converted to a Dollar Tree in August 2015</li><li>Established Tenant With Over 12 Years Of Occupancy In The Space</li><li>Located on W Michigan St (Hwy 79) Between N Spring St and N Lowe St and Enjoys Access Points From All Three Roads</li><li>Stuttgart is Just 1 Hour to Little Rock, 40 Minutes to Pine Bluff, an
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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.709
Annual Cash Flow
$26,567.493