Property summary
Exceptional investment opportunity: a brand-new, 10,566 square foot Dollar General grocery store in Hartman, Arkansas. This fee-simple property boasts a 15-year absolute NNN lease (with five 5-year options) commencing August 26, 2024, and expiring August 31, 2039. The lease includes a 6.75% cap rate and a strong NOI of $134,883. Rent increases by 5% every 5 years throughout the lease term and each option period. Situated on a 2.45-acre lot at 4758 AR-164, Hartman, AR 72840, this property benefits from its convenient location off Interstate 40, attracting significant traffic. The building, constructed in 2024, offers a compelling investment with minimal landlord responsibilities due to the absolute NNN lease structure. The tenant, Dollar General, is an investment-grade company with a proven track record of success and significant growth. This presents a rare opportunity to acquire a high-performing, low-maintenance asset with substantial long-term growth potential. The property's strong financials, coupled with the tenant's stability and the favorable lease terms, make this an attractive investment for discerning buyers. The price per square foot is $189.10.
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
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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