For Sale
$1,673,780

3273 Ar-21 Clarksville, AR 72830

Arkansas Retail Property, Strong Lease

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,566-square-foot Dollar General store in Clarksville, Arkansas. Built in 2023, the property boasts a 100% occupancy rate with a strong, credit-rated corporate guarantee from Dollar General Corporation. The absolute NNN lease features a 13.9-year remaining term (expiring September 29, 2038) with five, 5-year renewal options, each including a 10% rent increase. The property sits on a 3.58-acre lot with excellent visibility along Highway 21, experiencing high daily traffic. The current annual net operating income (NOI) is $112,980, resulting in a compelling 6.75% cap rate and a price per square foot of $158.41. The asking price is $1,673,780. This investment offers a secure, long-term income stream with minimal landlord responsibilities, supported by a robust tenant and favorable market conditions. The property's location within a densely populated area with limited retail competition ensures continued strong performance. This is a rare opportunity to acquire a high-performing, well-located Dollar General store with significant long-term potential.

Highlights

  • 2023-built Dollar General store with 14+ years remaining on the primary lease term.
  • 3% broker commission offered.
  • Absolute NNN lease; no landlord responsibilities.
  • 10,566 square foot prototype building.
  • Strong demographics: 12,100+ residents within a 5-mile radius.
  • Limited retail competition.

Property Details for 3273 Ar-21

Property type
Retail properties, Retail space
Square Feet
10,566 SF
Year Built
2023
Buildings
1
Lot Size (sq. ft)
155,945 SF
Units
1

Location Insight

City
Clarksville
County
Johnson
State
Arkansas
Latitude
35.5143889
Longitude
-93.4280595

FAQs

What type of property is this?
Retail property - Arkansas Retail Property, Strong Lease
Where is the retail property located?
The property is located at 3273 Ar-21 Clarksville, AR.
What is the asking price?
The asking price for this property is $1,673,780.
What are key features of this property?
This property features: 2023-built Dollar General store with 14+ years remaining on the primary lease term.; 3% broker commission offered.; Absolute NNN lease; no landlord responsibilities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3273 Ar-21
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