3273 Ar-21Clarksville, AR 72830

For Sale
$1,673,780

Arkansas Retail Property, Strong Lease

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,566-square-foot Dollar General store in Clarksville, Arkansas. Built in 2023, the property boasts a 100% occupancy rate with a strong, credit-rated corporate guarantee from Dollar General Corporation. The absolute NNN lease features a 13.9-year remaining term (expiring September 29, 2038) with five, 5-year renewal options, each including a 10% rent increase. The property sits on a 3.58-acre lot with excellent visibility along Highway 21, experiencing high daily traffic. The current annual net operating income (NOI) is $112,980, resulting in a compelling 6.75% cap rate and a price per square foot of $158.41. The asking price is $1,673,780. This investment offers a secure, long-term income stream with minimal landlord responsibilities, supported by a robust tenant and favorable market conditions. The property's location within a densely populated area with limited retail competition ensures continued strong performance. This is a rare opportunity to acquire a high-performing, well-located Dollar General store with significant long-term potential.

Highlights

  • 2023-built Dollar General store with 14+ years remaining on the primary lease term.
  • 3% broker commission offered.
  • Absolute NNN lease; no landlord responsibilities.
  • 10,566 square foot prototype building.
  • Strong demographics: 12,100+ residents within a 5-mile radius.
  • Limited retail competition.

Property Details for 3273 Ar-21

Property type
Other retail properties, Individual retail properties
Square Feet
10,566 SF
Year Built
2023
Buildings
1
Lot Size (sq. ft)
155,945 SF
Units
1

Location Insight

City
Clarksville
County
Johnson
State
Arkansas
Latitude
35.5143889
Longitude
-93.4280595
3273 Ar-21, Clarksville, Arkansas
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3273 Ar-21
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