For Sale
$507,268

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 5.7 years, expires August 31, 2030, and includes one remaining option with an 8.35% rent bump. The property generates a strong NOI of $41,859, resulting in an attractive 8.25% cap rate. The asking price is $507,268. This represents a compelling investment in a well-established, essential retail business with limited local competition and significant remaining lease term. The property's location on a major thoroughfare ensures high visibility and accessibility, contributing to its consistent performance and long-term value. The tenant's strong financial standing and proven track record further enhance the investment's security and potential for future growth. This is a rare opportunity to acquire a stable, high-performing retail asset with a significant remaining lease term and attractive financial metrics.

Highlights

  • Net-leased Dollar General store in Imboden, AR, on US-63.
  • 8,556 SF building on a 0.8-acre lot, built in 2000.
  • 25-year operating history with Dollar General; 5.7 years remaining on the lease, expiring August 31, 2030, with one 8.35% rent bump option.
  • Strong NOI of $41,859, resulting in an 8.25% cap rate; Asking price: $507,268.
  • Investment-grade tenant (S&P BBB rating) with limited local competition.

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 $507,268.
What are key features of this property?
This property features: Net-leased Dollar General store in Imboden, AR, on US-63.; 8,556 SF building on a 0.8-acre lot, built in 2000.; 25-year operating history with Dollar General; 5.7 years remaining on the lease, expiring August 31, 2030, with one 8.35% rent bump option.
How can I contact the broker?
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5551 Us-63
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