For Sale
$1,646,451.61

189 Highway 65Clinton, AR 72031

High-Yield Arkansas Retail Property

Overview

Added:
Dec 11, 2024
Days on market:
124
Exceptional investment opportunity: a fee-simple, 10,000 square foot Dollar Tree located at 189 Hwy 65 S, Clinton, AR 72031. This single-tenant, net-lease property boasts a strong 9.8 years remaining on a 10.3-year lease commencing May 9, 2024, and expiring August 31, 2034. The property features a 7.75% cap rate and a current NOI of $127,600, with a sale price of $1,646,451.61 ($164.65/sq ft). The lease includes six 5-year renewal options with $0.50 per square foot rent bumps at each option. The building, constructed in 2024, sits on a 1.25-acre lot with 20 parking spaces and is situated in a high-traffic retail corridor, across from a Tractor Supply Store, experiencing 17,500+ vehicles per day. Landlord responsibilities are limited to roof and sidewalls. The property is zoned commercial and offers a 100% occupancy rate. This is a 1031 exchange eligible opportunity located in an Opportunity Zone, making it an attractive investment for qualified buyers. The property's strong tenant, long lease term, and favorable location make it a compelling investment opportunity. The property is in excellent condition and benefits from a credit-rated tenant.

Highlights

  • Located in a Qualified Opportunity Zone.
  • High-traffic location with excellent visibility.
  • Strong tenant base with long-term leases.
  • Significant upside potential for value appreciation.
  • Below-market rents offer immediate cash flow.

Property Details for 189 Highway 65

Property type
Retail properties, Grocery and convenience stores
Square Feet
10,000 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
54,450 SF

Location Insight

City
Clinton
County
Van Buren
State
Arkansas
Latitude
35.5910635
Longitude
-92.4535884
189 Highway 65, Clinton, Arkansas

FAQs

What type of property is this?
Retail property - High-Yield Arkansas Retail Property
Where is the retail property located?
The property is located at 189 Highway 65 Clinton, AR.
What is the asking price?
The asking price for this property is $1,646,451.61.
What are key features of this property?
This property features: Located in a Qualified Opportunity Zone.; High-traffic location with excellent visibility.; Strong tenant base with long-term leases.
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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189 Highway 65
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