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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5431 Southwest Dr Jonesboro, AR 72404

9,014 SF 1.61 ac lot Built 2011
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a freestanding, 9,014 square foot retail building situated on a 1.61-acre lot in Jonesboro, Arkansas (72404). The property is currently 100% occupied by a Dollar General store under an absolute NNN lease, eliminating all landlord responsibilities. The lease commenced November 1, 2011, and expires October 31, 2031, with six, five-year renewal options remaining, each including a 10% rent increase. The current annual net operating income (NOI) is $76,920, resulting in a compelling 7.15% cap rate. Built in 2011, this property benefits from a strong tenant with an investment-grade credit rating and a significant market presence. The location boasts excellent visibility and accessibility, situated within a densely populated area. Within a 5-mile radius, the population exceeds 44,111 residents, and within 10 miles, it surpasses 93,071. Nearby national retailers include Walmart, Wendy's, Home Depot, Kroger, Sam's Club, and many more, indicating a thriving commercial environment. Dollar General's robust financial performance, including a market cap of approximately $30 billion, further underscores the investment's stability and potential for long-term growth. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a strong tenant and significant remaining lease term. The asking price is $1,075,804.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2011
Total area 9,014 SF
Lot 1.61 ac (70,132 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Dollar General Discount Store
  • FedEx OnSite Postal Service Courier Service
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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