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Freestanding NNN Retail Property
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1307 N LINCOLN AVE, Star City, AR 71667

Two established retail tenants operate under NN leases, leaving limited landlord responsibilities.

Property Size33,309 SF
Price / SF$47.19
Days on Market144

Property Features for 1307 N LINCOLN AVE

General Information

Standard status Active
Size 33,309 SF
Property subtype Retail
Zoning commercial
Investment Type Net Lease
Net Operating Income $133,600

Site & Location

Anchor Co-Tenants Dollar General, Piggly Wiggly
Traffic Count 6,424 vehicles/day

Building Details

Year Built 1998
Year Renovated 2021
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Fortis Net Lease
Listed By: Patrick Hammond · License #MI 6501373051
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: May 8 at 9:55AM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

This 32,565-square-foot freestanding retail property at 1307 N Lincoln Ave in Star City, AR, contains two occupied stores operated by Dollar General and Piggly Wiggly. The asset is held in fee simple and subject to two NN leases, with limited landlord responsibilities. Dollar General has 8 years remaining on its current term, while Piggly Wiggly has 3 years remaining. Renewal options include four 5-year periods for Dollar General and one 5-year period for Piggly Wiggly, with both leases corporately guaranteed. Dollar General carries a BBB investment-grade credit rating.

The property is positioned near County Trial Ln and N Lincoln Ave, an intersection reporting 6,424 vehicles per day. The site serves a five-mile population of 4,185 across 1,551 households. Both stores have operated at the property since 2021, and Piggly Wiggly's visitation ranks #1 in Arkansas. The offering includes fee simple ownership and may accommodate a 1031 exchange transaction.

Key Highlights

  • 32,565 SF freestanding multi‑tenant retail property
  • Two NN leases with limited landlord responsibilities
  • Dollar General lease has 8 years remaining plus four 5‑year renewal options

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick HVAC Service Bakery (Bike/Boat/Book/etc) Store Dental Office Real Estate Agency Veterinary Clinic

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

Lease Details

6,424 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 71667, AR

7,203
Population
3,264
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
86%
High-School Grad
276.6 sq mi
ZIP Area
26
Density / Sq Mi
$53,099
Median Household Income
$35,667
Median Earnings
$770
Median Rent
$111,300
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
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Frequently Asked Questions

What type of property is this?
NNN property - Two established retail tenants operate under NN leases, leaving limited landlord responsibilities.
Where is this nnn property located?
The property is located at 1307 N LINCOLN AVE Star City, AR.
What is the asking price?
The asking price for this property is $1,571,765.
What are key features of this property?
This property features: 32,565 SF freestanding multi‑tenant retail property; Two NN leases with limited landlord responsibilities; Dollar General lease has 8 years remaining plus four 5‑year renewal options
More about this property
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