Property profile

4758 Ar-164 Hartman, AR 72840

OFF-MARKET
Retail properties & Spaces
10,566 SF 2.45 ac lot Built 2024
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 10,566 SF
Lot 2.45 ac (106,722 SF)

Cap rate & NOI

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

Location

4758 Ar-164 Hartman, AR 72840
Hartman metro
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Value estimations

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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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