For Sale
$1,880,544

15045 Highway 9Malvern, AR 72104

High-yield, low-maintenance retail investment.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,640-square-foot Dollar General store in Malvern, Arkansas. Located at 15045 Hwy 9, this strategically positioned property boasts a 14.7-year remaining lease term (commencing June 1, 2024 and expiring July 31, 2039) with a built-in 5% rent increase every five years, providing significant long-term growth potential. The absolute NNN lease structure eliminates all landlord responsibilities, offering a truly passive investment. The property sits on a 1.65-acre lot and benefits from a strong tenant with an investment-grade credit rating ("BBB"). With a current NOI of $129,757 and a 6.90% cap rate, this offering represents an attractive return on investment. The high-traffic location on Hwy 9 (3,889 cars per day) serves a three-mile population of 9,757 with an average household income of $55,406. The property's five (5-year) lease options further enhance its value and long-term stability. Built in 2024, the store opened May 1st, 2024, and enjoys 100% occupancy. This is an ideal opportunity for a 1031 exchange or passive investor seeking a secure, high-performing retail asset. The five-mile population is 14,695.

Highlights

  • Rare 5% rent increases every 5 years.
  • New 15-year absolute NNN lease; zero landlord responsibilities.
  • $55,406 average household income within a three-mile radius.
  • 2024 construction; store opened May 2nd, 2024.
  • 14,695 population within a five-mile radius.
  • 3,889 vehicles per day on Hwy 9.

Property Details for 15045 Highway 9

Property type
Retail properties, Retail space
Square Feet
10,640 SF
Year Built
2024
Buildings
1
Lot Size (sq. ft)
71,874 SF

Location Insight

City
Malvern
County
Hot Spring
State
Arkansas
Latitude
34.3283576
Longitude
-92.794039
15045 Highway 9, Malvern, Arkansas

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15045 Highway 9
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