12270 Us-165 Humnoke, AR 72072
- Retail properties
- 9,002 SF
Current Use by Public Records
- Retail properties
Property Details for 12270 Us-165
- Property size
- 9,002 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a single-tenant, net-leased retail property occupied by Dollar General in Humnoke, Arkansas. Located at 12270 US-165, this 9,002 square foot convenience and grocery store boasts a strong financial profile. The property is strategically positioned along Highway 165, a key retail corridor serving Humnoke and surrounding communities. The current lease, with Dollar General (rated "BBB" by Standard & Poor), commenced January 13, 2021, and has a remaining term of approximately 11.2 years, extending to January 31, 2036, with five 5-year renewal options. The asking price is $1,384,976, representing a price per square foot of $153.85 and a compelling 6.15% cap rate. The property generates a substantial net operating income (NOI) of $85,176 annually. This is a low-maintenance, passive income investment with a highly creditworthy tenant, offering significant long-term value and minimal landlord responsibilities. The property's prime location and the tenant's strong financial standing make this an attractive opportunity for discerning investors seeking a stable, high-yield asset in a growing market. This NNN lease structure further minimizes management responsibilities. The property's location in Lonoke County, Arkansas, zip code 72072, ensures easy access for local residents.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Humnoke
- County
- Lonoke
- State
- Arkansas
- Longitude
- -91.7575
- Latitude
- 34.542
