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    Classic Dollar General Investment Property Title is generated by Realmo AI

    9800 Strong Hwy, Strong, AR 71765

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    For Sale
    $927,000

    9,100 SF Dollar General in Strong, Arkansas for sale.

    Type:Retail
    Property size:
    9,100 SF
    Price / SF:
    $101/SF
    Added:
    Nov 21, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 5 at 10:44 pm

    Property Features for 9800 Strong Hwy

    General Information

    Standard status
    Active
    Size
    9,100 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2009

    We can help!

    Listing Contact
    Daniel Miller
    Daniel Miller

    Listing agent Daniel Miller License #CalDRE #00765657

    Listing office Bang Realty

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Bang Realty

    HighLights

    • Corporate guaranty from Dollar General with investment grade credit.
    • Long‑term lease with just under 9 years remaining, expiring 7/31/2034.
    • Proven long‑term occupancy since 2009, demonstrating commitment to the location.
    • Strategic location off Highway 82 with strong visibility and accessibility.
    • Three (3) 5‑Year Options at a 10% increase at each option period.
    • Limited Dollar Store Competition in Strong, AR.

    Overview

    This 9,100 sq. ft. Dollar General property in Strong, Arkansas, has been a community staple for 15 years, supported by local shoppers. Dollar General has demonstrated confidence in this location by extending its lease term by over 9 years, reinforcing its long-term commitment. Positioned off Highway 82, the property benefits from visibility and accessibility. This asset offers tenant stability, community integration, and a strategic location. The property is ideal for investors seeking stabilized income with a long-term lease remaining with a corporate guaranty and minimal management. The Dollar General is located at 9800 Strong Highway (U. S. Highway 82) in the City of Strong, Arkansas, positioned off this Highway with great visibility. Strong is located in the southern part of Arkansas near the border of Louisiana and is approx. 110 miles N/E of Shreveport, LA. It is a build-to-suit DG prototype store model with a corporate guaranty from Dollar General with investment grade credit. There are three 5-year options at a 10% increase at each option period. There is limited Dollar Store Competition in Strong, AR. Just under 9 Years remain on the lease that expires on 7/31/2034. It is a Double Net Lease (Landlord responsible for Roof & Structure). The property has had long-term occupancy since 2009.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $798.4K
    NOI $71,854 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.03M
    NOI $71,854 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.44M
    NOI $71,854 @ 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 Retail

    Component $ $/SF
    Gross rent $109.2k $12.00
    − Vacancy −$6.6k −$0.72
    EGI $102.6k $11.28
    − OpEx −$30.8k −$3.38
    NOI $71.9k $7.90
    9,100 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $1.03M
    $898.2K – $1.20M (±1% cap)
    NOI $71,854 @ 7.0% cap · market cap 7.75%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.66M
    $1.46M – $1.94M (±1% cap)
    NOI $116,495 @ 7.0% cap · market cap 12.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Discount Store Western Union Bank

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Strong
    County
    Union
    State
    Arkansas
    Longitude
    -92.3474
    Latitude
    33.1044

    FAQs

    What type of property is this?
    Storefront property - 9,100 SF Dollar General in Strong, Arkansas for sale.
    Where is this storefront property located?
    The property is located at 9800 Strong Hwy Strong, AR.
    What is the asking price?
    The asking price for this property is $927,000.
    What are key features of this property?
    This property features: Corporate guaranty from Dollar General with investment grade credit.; Long‑term lease with just under 9 years remaining, expiring 7/31/2034.; Proven long‑term occupancy since 2009, demonstrating commitment to the location.
    (310) 806-6145
    We can help!
    Listing Contact
    Daniel Miller
    Daniel Miller
    Real Estate License ID: CalDRE #00765657
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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