Building Details

Year Built 2021

Listing Agency: Colliers | Fort Lauderdale Show Phone

Listed By: Christopher Twist Show Phone

Source: Moodyscre

Added: Jul 9 Changed: Oct 25 Last Checked: Oct 26 at 4:11PM

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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 Colliers | Fort Lauderdale

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This for-sale NNN retail property features newer 2021 construction and is presented with a significant remaining term. The offering is described as backed by Dollar General and structured for “true mailbox” income, with zero landlord responsibility.

The property is located at 197 S Highway 59 in Sulphur Springs, Arkansas, providing an investable retail setup aligned with long-term tenant commitment as presented in the marketing materials.

The seller also notes the basis is 1031-friendly for eligible exchanges, and the property is categorized as a specialty/Nnn retail investment opportunity.

Key Highlights

• New 2021 construction with significant term remaining
• True NNN structure with zero landlord responsibility
• True mailbox income

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$102,408

Cap Rate

7.69%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,048,160 $2.0M

Cap Rate 7%

$1,462,971 $1.5M

Cap Rate 9%

$1,137,867 $1.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 9,002 SF

Gross rent

$156.6K $17.40/SF

− Vacancy

−$10.3K −$1.15/SF

EGI

$146.3K $16.25/SF

− OpEx

−$43.9K −$4.88/SF

NOI

$102.4K $11.38/SF

Area

Benton County, AR

Vacancy

6.60%

Lease Rate

$17.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,048,160

Cap Rate 7%

$1,462,971

Cap Rate 9%

$1,137,867

Alternative Uses

Best Use

Retail

$1.46M

$1.28M – $1.71M (±1% cap)

NOI $102,408 @ 7.0% cap · market cap 7.69%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.47M

$2.16M – $2.89M (±1% cap)

NOI $173,167 @ 7.0% cap · market cap 13.00%

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

Retail space

Suggested Use

Top Pick Building Supply Plumbing Service Auto Parts Store Cafe & Coffee Shop Home Appliance Store Hair Salon

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

57

Businesses Nearby

Explore this area Business Placement

Demographics for 72768, AR

1,241

Population

609

Households

2

Avg Household Size

38

Median Age

15%

College-Educated

79%

High-School Grad

31.6 sq mi

ZIP Area

39

Density / Sq Mi

$43,625

Median Household Income

$38,464

Median Earnings

$731

Median Rent

$147,400

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?

NNN property - Newly constructed in 2021 with significant lease term remaining and zero landlord responsibility under a true NNN structure.

Where is this nnn property located?

The property is located at 197 S Highway 59 Sulphur Springs, AR.

What is the asking price?

The asking price for this property is $1,331,733.

What are key features of this property?

This property features: New 2021 construction with significant term remaining; True NNN structure with zero landlord responsibility; True mailbox income