Dollar General-Backed NNN
197 S Highway 59 Sulphur Springs, AR 72768
For Sale
Contact for pricing
Newly constructed in 2021 with significant lease term remaining and zero landlord responsibility under a true NNN structure.
Property Size9,002 SF
Price / SF$147.94
Days on Market16
Property Features for 197 S Highway 59
General Information
- Standard status
- Active
- Size
- 9,002 SF
- Property subtype
- RETAIL
Listing Agency:
Colliers | Fort Lauderdale
(561) 602-8390
Listed By:
Christopher Twist
(561) 602-8390
Source:
Moodyscre
Added: Jul 9
Changed: Jul 23
Last Checked: Jul 23 at 12:36PM
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
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.
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 For 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 | $156.6k | $17.40 |
| − Vacancy | −$10.3k | −$1.15 |
| EGI | $146.3k | $16.25 |
| − OpEx | −$43.9k | −$4.88 |
| NOI | $102.4k | $11.38 |
9,002 SF · lease $17.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.46M
$1.28M – $1.71M
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
NOI $173,167 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
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
