Dollar General Grocery
9800 Strong Hwy Strong, AR 71765
For Sale
$927,000
Stabilized Dollar General with long-term lease, corporate guaranty, and double-net landlord responsibility for roof and structure.
Property Size9,100 SF
Price / SF$101.87
Days on Market58
Property Features for 9800 Strong Hwy
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
Building Details
Year Built
2009
Listing Agency:
Bang Realty
(310) 806-6145
Listed By:
Daniel Miller · License #CalDRE #00765657
Source:
Www2.naicapital
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 29 at 5:41AM
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 Bang Realty
Investment Insights
Based on property information with market context.
This investment features a classic 9,100-square-foot, build-to-suit Dollar General store that has served the Strong community for the past 15 years. Dollar General recently extended its lease term by more than 9 years, reflecting continued commitment to the location and long-term occupancy since 2009. The lease includes a corporate guaranty backed by investment-grade credit, along with three 5-year options that provide for a 10% increase at each option period.
Strategically positioned just off the prime Highway 82 corridor, the property is designed for strong visibility and convenient accessibility. The site also benefits from limited dollar store competition in Strong, Arkansas, supporting durable demand from loyal local shoppers.
For investors seeking stabilized income, this property offers a long-term, corporate-guarantied tenant profile with minimal management needs. The lease is structured as a double net arrangement, with the landlord responsible for roof and structure, while maintaining just under 9 years remaining as the lease expires on 7/31/2034. With a track record of tenant longevity and extended terms, the asset is well-suited to long-horizon income strategies.
Strategically positioned just off the prime Highway 82 corridor, the property is designed for strong visibility and convenient accessibility. The site also benefits from limited dollar store competition in Strong, Arkansas, supporting durable demand from loyal local shoppers.
For investors seeking stabilized income, this property offers a long-term, corporate-guarantied tenant profile with minimal management needs. The lease is structured as a double net arrangement, with the landlord responsible for roof and structure, while maintaining just under 9 years remaining as the lease expires on 7/31/2034. With a track record of tenant longevity and extended terms, the asset is well-suited to long-horizon income strategies.
Key Highlights
- 9,100 SF Dollar General built in 2009 on a build‑to‑suit DG prototype store model
- Just under 9 years remaining on the lease, expiring 7/31/2034
- Dollar General corporate guaranty and investment‑grade credit tenant
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.9k | $12.96 |
| − Vacancy | −$7.1k | −$0.78 |
| EGI | $110.9k | $12.18 |
| − OpEx | −$27.7k | −$3.05 |
| NOI | $83.1k | $9.14 |
9,100 SF · lease $12.96/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,145 @ 7.0% cap · market cap 8.97%
Second Best
Retail
$1.03M
$898.2K – $1.20M
NOI $71,854 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,495 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Stabilized Dollar General with long-term lease, corporate guaranty, and double-net landlord responsibility for roof and structure.
Where is this grocery and convenience store located?
The property is located at 9800 Strong Hwy Strong, AR.
What is the asking price?
The asking price for this property is $927,000.
What are key features of this property?
This property features: 9,100 SF Dollar General built in 2009 on a build‑to‑suit DG prototype store model; Just under 9 years remaining on the lease, expiring 7/31/2034; Dollar General corporate guaranty and investment‑grade credit tenant