1406 Dr Martin Luther King Jr. Dr, Crossett, AR 71635
This exceptional investment opportunity presents a fee-simple owned, 9,020-square-foot Dollar General store in Crossett, Arkansas. Located on 2.96 acres at 1406 Dr Martin Luther King, Jr. Dr, this property boasts an absolute NNN lease with a corporate guarantee, ensuring minimal landlord responsibilities. The current lease, commencing August 28, 2020, and expiring August 31, 2035, includes five 5-year renewal options with 10% rent increases at the beginning of each option period. The asking price is $1,217,542, representing a 7.20% cap rate and a price per square foot of $134.98. The property generates a Net Operating Income (NOI) of $87,663. Built in 2020, this store enjoys 100% occupancy and benefits from its location on a high-traffic road (7,200 vehicles per day) near Crossett High School and other national retailers. Placer AI data ranks this Dollar General in the top 50% nationally, highlighting its strong performance and market position within a desirable demographic area. The property's strong tenant, lease terms, and location combine to create a compelling investment opportunity with significant long-term potential. The APN is 706-02661-002.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.