Property profile

15045 Highway 9 Malvern, AR 72104

OFF-MARKET
Retail properties & Spaces
10,640 SF 1.65 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,640-square-foot Dollar General store in Malvern, Arkansas. Located at 15045 Hwy 9, this strategically positioned property boasts a 14.7-year remaining lease term (commencing June 1, 2024 and expiring July 31, 2039) with a built-in 5% rent increase every five years, providing significant long-term growth potential. The absolute NNN lease structure eliminates all landlord responsibilities, offering a truly passive investment. The property sits on a 1.65-acre lot and benefits from a strong tenant with an investment-grade credit rating ("BBB"). With a current NOI of $129,757 and a 6.90% cap rate, this offering represents an attractive return on investment. The high-traffic location on Hwy 9 (3,889 cars per day) serves a three-mile population of 9,757 with an average household income of $55,406. The property's five (5-year) lease options further enhance its value and long-term stability. Built in 2024, the store opened May 1st, 2024, and enjoys 100% occupancy. This is an ideal opportunity for a 1031 exchange or passive investor seeking a secure, high-performing retail asset. The five-mile population is 14,695.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 10,640 SF
Lot 1.65 ac (71,874 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

15045 Highway 9 Malvern, AR 72104
Malvern metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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