570 Vine St Newark, AR 72562

This exceptional investment opportunity presents a single-tenant, triple-net (NNN) leased convenience store, grocery store, and pharmacy located at 570 Vine St, Newark, AR 72562. The property, built in 1999, encompasses 8,000 square feet on a 0.78-acre lot. It's currently 100% occupied by a Dollar General, Dollar Tree, and Family Dollar, boasting a strong 25-year operating history at this location. The current lease, commenced November 17, 2011, extends until May 30, 2030, with two, five-year renewal options at an 8.35% rent bump. The tenant, Dollar General, holds an investment-grade credit rating (BBB, S&P) and provides a corporate guarantee, ensuring consistent income. The property generates a substantial net operating income (NOI) of $33,040, yielding an attractive 8.00% cap rate. The location benefits from an average household income of $56,616 within a two-mile radius and limited competition, making it an ideal location for this type of retail operation. This is a rare opportunity to acquire a well-established, high-performing retail property with a long-term lease and significant upside potential. The asking price is $412,988.