Dollar General Grocery
For Sale
Contact for pricing
Pending
200 Main St, Leola, AR 72084
Corporate-guaranteed retail asset subject to an absolute NNN lease with renewal options.
Property Size9,100 SF
Days on Market148
Property Features for 200 Main St
General Information
Standard status
Pending
Size
9,100 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Patrick Hammond · License #MI 6501373051
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 1 at 12:33PM
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 9,100-square-foot Dollar General store is offered as a fee-simple grocery and convenience retail asset. The property is leased on an absolute NNN basis, placing property-level operating responsibilities with the tenant under the stated lease structure.
The lease has a 15-year term and includes 5-year renewal options with a 10% rental rate increase at each option. Dollar General Corporation provides the corporate guaranty and carries a BBB credit rating, identified in the property information as investment grade.
The offering may be considered by buyers seeking a single-tenant net-leased property or a 1031 exchange asset. The tenant occupies the existing retail building, providing a straightforward ownership structure centered on the lease and corporate guaranty.
The lease has a 15-year term and includes 5-year renewal options with a 10% rental rate increase at each option. Dollar General Corporation provides the corporate guaranty and carries a BBB credit rating, identified in the property information as investment grade.
The offering may be considered by buyers seeking a single-tenant net-leased property or a 1031 exchange asset. The tenant occupies the existing retail building, providing a straightforward ownership structure centered on the lease and corporate guaranty.
Key Highlights
- 9,100 SF Dollar General store
- 15‑year absolute NNN lease
- 5‑year renewal options with a 10% rental rate increase
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
2,542 visits/mo
0.1 miles
Dollar General
Shops & Services
1,845 visits/mo
0.1 miles
Demographics for 72084, AR
1,059
Population
505
Households
2.1
Avg Household Size
43
Median Age
11%
College-Educated
88%
High-School Grad
181.5 sq mi
ZIP Area
6
Density / Sq Mi
$58,000
Median Household Income
$34,286
Median Earnings
$900
Median Rent
$84,200
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 - Corporate-guaranteed retail asset subject to an absolute NNN lease with renewal options.
Where is this grocery and convenience store located?
The property is located at 200 Main St Leola, AR.
What are key features of this property?
This property features: 9,100 SF Dollar General store; 15‑year absolute NNN lease; 5‑year renewal options with a 10% rental rate increase
