For Sale
$1,384,976

12270 Us-165 Humnoke, AR 72072

Arkansas Retail Property, Strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a single-tenant, net-leased retail property occupied by Dollar General in Humnoke, Arkansas. Located at 12270 US-165, this 9,002 square foot convenience and grocery store boasts a strong financial profile. The property is strategically positioned along Highway 165, a key retail corridor serving Humnoke and surrounding communities. The current lease, with Dollar General (rated "BBB" by Standard & Poor), commenced January 13, 2021, and has a remaining term of approximately 11.2 years, extending to January 31, 2036, with five 5-year renewal options. The asking price is $1,384,976, representing a price per square foot of $153.85 and a compelling 6.15% cap rate. The property generates a substantial net operating income (NOI) of $85,176 annually. This is a low-maintenance, passive income investment with a highly creditworthy tenant, offering significant long-term value and minimal landlord responsibilities. The property's prime location and the tenant's strong financial standing make this an attractive opportunity for discerning investors seeking a stable, high-yield asset in a growing market. This NNN lease structure further minimizes management responsibilities. The property's location in Lonoke County, Arkansas, zip code 72072, ensures easy access for local residents.

Highlights

  • Net-leased Dollar General in Humnoke, AR.
  • 9,002 SF building on US-165, a key retail corridor.
  • Strong financial profile with $85,176 annual NOI and a 6.15% cap rate.
  • Long-term lease (11.2 years remaining + options) with a highly-rated tenant (S&P BBB).
  • Asking price: $1,384,976 ($153.85/SF).

Property Details for 12270 Us-165

Property type
Retail properties, Grocery and convenience stores
Square Feet
9,002 SF

Location Insight

City
Humnoke
County
Lonoke
State
Arkansas
Latitude
34.542048
Longitude
-91.7575361

FAQs

What type of property is this?
Retail property - Arkansas Retail Property, Strong NOI
Where is the retail property located?
The property is located at 12270 Us-165 Humnoke, AR.
What is the asking price?
The asking price for this property is $1,384,976.
What are key features of this property?
This property features: Net-leased Dollar General in Humnoke, AR.; 9,002 SF building on US-165, a key retail corridor.; Strong financial profile with $85,176 annual NOI and a 6.15% cap rate.
How can I contact the broker?
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12270 Us-165
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