New Dollar General
Arkansas 267 2677, Searcy, AR
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New Dollar General store with long-term lease in Searcy.
Type:RETAIL
Property size:
10,640 SFLot size:
5.36 AcresPrice / SF:
$180/SF- Added:
- Aug 4, 2025
- Days on Market:
- 292
- Last Refresh:
- Apr 5 at 9:05 pm
Property Features for Arkansas 267 2677
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Lot size
- 5.36 Acres
- Property subtype
- RETAIL
Listing agent Cody Crist License #TX 697980
Listing office Trinity Real Estate Investment Services - Corporate (817) 304-8916
Listing date Aug 4, 2025
Source Moodyscre
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 Trinity Real Estate Investment Services - Corporate
HighLights
- Absolute NNN Lease With No Landlord Responsibilities
- New 2024 Development Dollar General Store With 13+ Years Remaining on Primary Term
- Large 2.20‑Acre Corner Lot at the Intersection of Hwy 267 S and Hwy 13 S, Offering Exceptional Visibility and Easy Access
- Built‑In 5% Rent Increase Every 5 Years Throughout Primary Term and Options
- Healthy Demographics for a Dollar Store, With Nearly 11,000 Residents Within a 5‑Mile Radius
- 10,640 Square Foot Prototype That Accommodates a Larger Volume of Customers
Overview
This is a newly constructed Dollar General store in Searcy, Arkansas, scheduled for completion in 2024. The property features a 10,640 square foot prototype store, designed to accommodate a higher customer volume. The store is situated on a large 2.20-acre corner lot at the intersection of Highway 267 South and Highway 13 South, providing high visibility and accessibility. The absolute NNN lease agreement transfers all landlord responsibilities to the tenant. The initial lease term extends for over 13 years, with 5% rent increases every five years throughout the primary term and option periods. The surrounding area has a population of nearly 11,000 residents within a 5-mile radius. The average household income within a 3-mile radius exceeds $100,000. The store benefits from limited retail competition, serving as the primary source of retail goods in the area and being the only convenience store within 4 miles.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$1.24M
NOI $111,800 @ 9.00% cap · cautious / downside scenario
Moderate
$1.60M
NOI $111,800 @ 7.00% cap · market / base-case scenario
Aggressive
$2.24M
NOI $111,800 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.6k | $15.00 |
| − Vacancy | −$10.5k | −$0.99 |
| EGI | $149.1k | $14.01 |
| − OpEx | −$37.3k | −$3.50 |
| NOI | $111.8k | $10.51 |
10,640 SF · lease $15.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$1.60M
$1.40M – $1.86M
NOI $111,800 @ 7.0% cap · market cap 5.83%
Second Best
Retail
$1.20M
$1.05M – $1.40M
NOI $84,013 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,209 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar Places Nearby
- Bill’s Cash Saver — 600 E Race Ave, Searcy, AR 72143
Map
- City
- Searcy
- County
- White
- State
- Arkansas
- Longitude
- -91.7337
- Latitude
- 35.2468
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FAQs
What type of property is this?
Grocery and convenience store - New Dollar General store with long-term lease in Searcy.
Where is this grocery and convenience store located?
The property is located at Arkansas 267 2677 Searcy, AR.
What is the asking price?
The asking price for this property is $1,918,708.
What are key features of this property?
This property features: Absolute NNN Lease With No Landlord Responsibilities; New 2024 Development Dollar General Store With 13+ Years Remaining on Primary Term; **Large 2.20‑Acre Corner Lot at the Intersection of Hwy 267 S and Hwy 13 S, Offering Exceptional Visibility and Easy Access**
