Building Details

Year Built 2020

Stories 1

Units 1

Tenancy Single

Listing Agency: Commercial Realty LLC Little Rock

Listed By: JT Meister · License #AR SA00076286

Source: Crexi

Added: May 18 Changed: Oct 16 Last Checked: Oct 20 at 8:47PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Realty LLC Little Rock

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Investment Insights

Based on property information with market context.

This commercial real estate property is a Dollar General store with an absolute NNN corporate guarantee. The property is 9100 square feet.

Key Highlights

• Absolute NNN Lease provides a hands‑off investment opportunity.
• Corporate Guarantee ensures financial security.
• Dollar General Tenant offers a reliable, established business.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$109,320

Cap Rate

8.66%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,186,400 $2.2M

Cap Rate 7%

$1,561,714 $1.6M

Cap Rate 9%

$1,214,667 $1.2M

Is this asking price fair?

Market Conditions

NOI Build-Up for 9,100 SF

Gross rent

$155.1K $17.04/SF

− Vacancy

−$9.3K −$1.02/SF

EGI

$145.8K $16.02/SF

− OpEx

−$36.4K −$4.00/SF

NOI

$109.3K $12.01/SF

Area

Lonoke County, AR

Vacancy

6.00%

Lease Rate

$17.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,186,400

Cap Rate 7%

$1,561,714

Cap Rate 9%

$1,214,667

Alternative Uses

Best Use

Specialty Retail

$1.56M

$1.37M – $1.82M (±1% cap)

NOI $109,320 @ 7.0% cap · market cap 8.66%

Second Best

Retail

$1.29M

$1.13M – $1.51M (±1% cap)

NOI $90,536 @ 7.0% cap · market cap 7.17%

Theoretical Best

Office A

$1.85M

$1.62M – $2.16M (±1% cap)

NOI $129,697 @ 7.0% cap · market cap 10.28%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Grocery & Convenience Store Cosmetic Store Restaurant Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

20

Businesses Nearby

4k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

3,824 visits/mo 0.0 miles

Demographics for 72072, AR

434

Population

207

Households

2.1

Avg Household Size

41

Median Age

14%

College-Educated

91%

High-School Grad

39.4 sq mi

ZIP Area

11

Density / Sq Mi

$47,750

Median Household Income

$37,450

Median Earnings

$103,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Dollar General for sale with absolute NNN corporate guarantee.

Where is this grocery and convenience store located?

The property is located at 12270 US HWY 165 E Humnoke, AR.

What is the asking price?

The asking price for this property is $1,261,866.

What are key features of this property?

This property features: Absolute NNN Lease provides a hands‑off investment opportunity.; Corporate Guarantee ensures financial security.; Dollar General Tenant offers a reliable, established business.