For Sale
$523,113

5551 Us-63Imboden, AR 72434

High-yield, net-leased convenience store.

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional investment opportunity presents a single-tenant, net-leased Dollar General store in Imboden, Arkansas. The property boasts 8,556 square feet on a 0.8-acre lot, strategically located on US-63. Built in 2000, this property benefits from a 25-year operating history with Dollar General, a credit-rated tenant with a corporate guarantee. The current lease, with a remaining term of 5.8 years, expires August 31, 2030, and includes one remaining option with an 8.35% rent bump. The property generates a strong net operating income (NOI) of $41,859, resulting in an attractive 8.00% cap rate. The asking price is $523,113. With limited competition and Dollar General's proven success, this offering presents a compelling investment opportunity in a stable, essential retail sector. The property's location on a major thoroughfare ensures high visibility and accessibility. This is a rare chance to acquire a well-established, income-producing asset with a long-term, secure tenant. The property functions as a convenience store, grocery store, and pharmacy/drug store.

Highlights

  • High-traffic location on Hwy 412 in Imboden, AR.
  • Dollar General, a long-term tenant (6 years remaining on extended lease), has occupied the space for nearly 25 years.
  • Below-market rent provides strong tenant profitability.
  • Limited discount retail competition in the immediate market.
  • Investment-grade credit tenant (BBB S&P rating) with a strong corporate guarantee.
  • Dollar General, a major national retailer (~20,000 locations, ~$30B market cap), has demonstrated pandemic resilience and continued expansion plans.

Property Details for 5551 Us-63

Property type
Retail properties, Drug stores
Square Feet
8,556 SF
Year Built
2000
Buildings
1
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Imboden
County
Lawrence
State
Arkansas
Latitude
36.204842737272
Longitude
-91.193168062406
5551 Us-63, Imboden, Arkansas

FAQs

What type of property is this?
Retail property - High-yield, net-leased convenience store.
Where is the retail property located?
The property is located at 5551 Us-63 Imboden, AR.
What is the asking price?
The asking price for this property is $523,113.
What are key features of this property?
This property features: High-traffic location on Hwy 412 in Imboden, AR.; Dollar General, a long-term tenant (6 years remaining on extended lease), has occupied the space for nearly 25 years.; Below-market rent provides strong tenant profitability.
How can I contact the broker?
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5551 Us-63
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