Dollar General Convenience
New
For Sale
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1330 Bradley Cove Road, Russellville, AR 72802
New retail construction combines a corporate lease guarantee with an established convenience-oriented operating format.
Property Size10,640 SF
Lot Size1.50 Acres
Price / SF$202.86
Days on Market7
Property Features for 1330 Bradley Cove Road
General Information
Standard status
Active
Size
10,640 SF
Lot size
1.50 Acres
Property subtype
Retail
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Josh Bishop · License #688810
Source:
Crexi
Added: Aug 31
Changed: Sep 5
Last Checked: Sep 5 at 3:03PM
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 Matthews
Investment Insights
Based on property information with market context.
This 2026 build-to-suit Dollar General PLUS property comprises a 10,640 SF retail building on an approximately 1.50-acre parcel. The lease provides a 15-year base term, five 5-year extension options, and 5% rent increases every 5 years. Dollar General Corporation provides the corporate lease guarantee and carries an S&P credit rating of BBB.
The property is at 1330 Bradley Cove Road in Russellville, Arkansas, adjacent to Arbor's Independent Living Community and an approximately 100-bed assisted living facility. Russellville is positioned 70 miles northwest of Little Rock and 80 miles east of Fort Smith, placing the property within reach of both regional markets. The surrounding 5-mile area includes 32,858 residents and has an average household income of $92,943.
The property is at 1330 Bradley Cove Road in Russellville, Arkansas, adjacent to Arbor's Independent Living Community and an approximately 100-bed assisted living facility. Russellville is positioned 70 miles northwest of Little Rock and 80 miles east of Fort Smith, placing the property within reach of both regional markets. The surrounding 5-mile area includes 32,858 residents and has an average household income of $92,943.
Key Highlights
- 2026 build‑to‑suit Dollar General PLUS prototype
- 10,640 SF building on an approximately 1.50‑acre parcel
- 15‑year base lease with five 5‑year extension options
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$96,595
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,931,900
$1.9M
Cap Rate 7%
$1,379,929
$1.4M
Cap Rate 9%
$1,073,278
$1.1M
Market Conditions
NOI Build-Up for 10,640 SF
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.
Gross rent
$137.9K $12.96/SF
− Vacancy
−$9.1K −$0.86/SF
EGI
$128.8K $12.10/SF
− OpEx
−$32.2K −$3.03/SF
NOI
$96.6K $9.08/SF
Area
Pope County, AR
Vacancy
6.60%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,931,900
Cap Rate 7%
$1,379,929
Cap Rate 9%
$1,073,278
Alternative Uses
Best Use
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,595 @ 7.0% cap · market cap 4.48%
Second Best
Retail
$1.37M
$1.20M – $1.60M
NOI $95,999 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $118,998 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72802, AR
22,752
Population
9,687
Households
2.3
Avg Household Size
39
Median Age
32%
College-Educated
90%
High-School Grad
137.7 sq mi
ZIP Area
165
Density / Sq Mi
$61,664
Median Household Income
$37,206
Median Earnings
$887
Median Rent
$196,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - New retail construction combines a corporate lease guarantee with an established convenience-oriented operating format.
Where is this grocery and convenience store located?
The property is located at 1330 Bradley Cove Road Russellville, AR.
What is the asking price?
The asking price for this property is $2,158,400.
What are key features of this property?
This property features: 2026 build‑to‑suit Dollar General PLUS prototype; 10,640 SF building on an approximately 1.50‑acre parcel; 15‑year base lease with five 5‑year extension options
