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    OFF-MARKET
    Retail properties & Spaces

    5291 Ar-24, Chidester, AR 71726

    9,002 SF Built 2021
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 2021
    Total area 9,002 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
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