Property summary
This exceptional investment opportunity presents a 9,002-square-foot Dollar General store located at 5291 AR-24, Chidester, AR 71726, in Ouachita County. Built in 2021, the property boasts a strong 7.15% cap rate and a substantial net operating income (NOI) of $77,799. The absolute NNN lease with a corporate guarantee from Dollar General, a tenant with a BBB credit rating, ensures minimal landlord responsibilities. With over 11.4 years remaining on the lease term, plus five 5-year renewal options, this investment offers significant long-term stability. The property benefits from its location on AR-24, a road with 1,300 vehicles per day, and enjoys a strategic position approximately 60 miles east of Texarkana and 55 miles south of Hot Springs. The absence of competing corporate tenants in the immediate area further enhances its value proposition. Dollar General's proven resilience, including their award-winning response to the COVID-19 pandemic, underscores its status as a recession-resistant tenant. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a secure, long-term lease. The asking price is $1,088,111.
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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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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