Property summary
This exceptional investment opportunity presents a brand-new, 10,640 square foot Dollar General Plus store in Wilmar, Arkansas. Built in 2024, the property sits on a 1.9-acre lot at 2576 US-278, a prime location along the main thoroughfare between Warren and Monticello. The property benefits from a 15-year absolute NNN lease with a corporate guarantee from Dollar General Corporation, a credit-rated tenant with a strong track record. The lease features built-in rent bumps of 5% every five years, and five, 5-year lease options, ensuring long-term income stability. The current lease expires July 29, 2039, leaving a substantial remaining term of approximately 14.8 years. With a 100% occupancy rate and a Net Operating Income (NOI) of $116,458, this property offers a compelling 6.95% cap rate. The property is fee simple ownership and is ideally situated within approximately 100 miles of the University of Arkansas at Monticello. This is a rare chance to acquire a high-performing, low-maintenance retail investment with significant upside potential. The asking price is $1,675,655.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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