9222 Highway 59Cedarville, AR 72932

Property Details for 9222 Highway 59

Year built

2002

Lot size

1.00 AC

Property size (Sq ft)

7,500 SF

Property type

Outlet malls

APN

715-00968-001

APU

71500968001

Description

This exceptional investment opportunity presents a single-tenant, 7,500 square foot Dollar General storefront located at 9222 N Hwy 59, Cedarville, Arkansas 72932. The property sits on a one-acre lot and boasts 100% occupancy with a strong, established tenant. The current lease is a Net-Net-Net (NNN) agreement with a remaining term of four years, extending to February 2027, after a recent renewal and extension in December 2022. The asking price is $514,285, representing a compelling price per square foot of $68.57 and a 7.00% cap rate based on a current Net Operating Income (NOI) of $36,000. Annual rent escalates to $38,160 as of April 2024. This property offers a stable, passive income stream with significant upside potential due to the strong tenant and favorable lease terms. The location in Crawford County, Arkansas, provides excellent visibility and accessibility. This is a turnkey investment ideal for those seeking a low-maintenance, high-return retail property. The single-story building is well-maintained and situated on a convenient, easily accessible lot. This is a rare opportunity to acquire a proven, successful Dollar General location with a long-term lease. Don't miss out on this exceptional investment opportunity.

Location Insight

City

Cedarville

County

Crawford

State

Arkansas

Latitude

35.5724

Longitude

-94.3685

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].