Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4758 Ar-164 Hartman, AR 72840

    Sponsored
    For Sale
    $1,998,000

    Arkansas Grocery Store - Strong ROI

    Property size:
    10,566 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: a brand-new, 10,566 square foot Dollar General grocery store in Hartman, Arkansas. This fee-simple property boasts a 15-year absolute NNN lease (with five 5-year options) commencing August 26, 2024, and expiring August 31, 2039. The lease includes a 6.75% cap rate and a strong NOI of $134,883. Rent increases by 5% every 5 years throughout the lease term and each option period. Situated on a 2.45-acre lot at 4758 AR-164, Hartman, AR 72840, this property benefits from its convenient location off Interstate 40, attracting significant traffic. The building, constructed in 2024, offers a compelling investment with minimal landlord responsibilities due to the absolute NNN lease structure. The tenant, Dollar General, is an investment-grade company with a proven track record of success and significant growth. This presents a rare opportunity to acquire a high-performing, low-maintenance asset with substantial long-term growth potential. The property's strong financials, coupled with the tenant's stability and the favorable lease terms, make this an attractive investment for discerning buyers. The price per square foot is $189.10.

    Property Features for 4758 Ar-164

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,566 SF
    Lot Size
    106,722 SF

    Building Details

    Year Built
    2024

    HighLights

    • $1,998,000 asking price for a 10,566 SF Dollar General in Hartman, AR.
    • Absolute NNN lease with zero landlord obligations.
    • New 15‑year lease with five 5‑year options; 5% rent increases every 5 years.
    • Investment‑grade tenant (Dollar General).
    • Brand‑new, build‑to‑suit construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Hartman
    County
    Johnson
    State
    Arkansas
    Longitude
    -93.6614585
    Latitude
    35.4998064

    Nearby Comparable

    • $80,000
      5.71 Acres

      Hartman, AR I-40 Corner Land

      5.71 acres on I-40. Prime location for development.
      6476–6698 Ar-352, Hartman, AR 72830
      View Details
    • $169,900
      2,336 SF

      Remodeled Home with Pine Tree Grove

      Well-maintained 4BR/3BA home with remodeled interior and exterior features.
      796 N Main St, Coal Hill, AR 72832
      View Details
    • $150,000
      2,090 SF

      Established Diner on Highway 64

      Turnkey diner with highway frontage and ample parking.
      306 Highway 64, Coal Hill, AR 72832
      View Details
    • Contact for pricing
      1.00 Acre

      Commercial Lot on Highway 64

      Commercial or residential lot on Highway 64 in Coal Hill.
      3 Hwy 64 Hwy, Coal Hill, AR 72832
      View Details
    • $360,000
      61.92 Acres

      62 Acres of Pasture Land

      62 acres of land suitable for farming or building.
      8468 Cambridge Rd, Altus, AR 72821
      View Details
    • $79,900
      1.14 Acres

      Hartman Acreage with Multiple Buildings

      Acreage in Hartman, AR with multiple buildings and owner financing.
      301 Main St, Hartman, AR 72840
      View Details
    • $93,900
      1,875 SF

      Downtown Altus Office Opportunity

      Office space in historic Altus, near festivals and events.
      115 W Main St, Altus, AR 72821
      View Details
    • $1,475,000
      295.00 Acres

      295 Acres of Hunting Land

      295-acre hunting paradise bordering National Forest with established food plots.
      County Road 4200, Clarksville, AR 72830
      View Details

    Nearby Similar for Sale

    • $79,900
      1.14 Acres

      Hartman Acreage with Multiple Buildings

      Acreage in Hartman, AR with multiple buildings and owner financing.
      301 Main St, Hartman, AR 72840
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Arkansas Grocery Store - Strong ROI
    Where is this individual retail property located?
    The property is located at 4758 Ar-164 Hartman, AR.
    What is the asking price?
    The asking price for this property is $1,998,000.
    What are key features of this property?
    This property features: $1,998,000 asking price for a 10,566 SF Dollar General in Hartman, AR.; Absolute NNN lease with zero landlord obligations.; New 15-year lease with five 5-year options; 5% rent increases every 5 years.
    Request Owner's contact information
    4758 Ar-164 Hartman, AR 72840
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4758 Ar-164
    Hartman, AR 72840
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4758 Ar-164 Hartman, AR 72840
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.