3116 Ar-367, Newport, AR 72112
This exceptional investment opportunity presents a brand-new, 2024-constructed, 10,640 square foot Dollar General Plus store in Newport, Arkansas. Located on a 2.27-acre lot at 3116 AR-367, this property boasts a 15-year absolute NNN lease with a corporate guarantee from Dollar General Corporation, ensuring minimal landlord responsibilities. The lease features attractive 5% rent bumps every five years, and five, 5-year lease options. The current lease expiration date is May 30, 2039, leaving a substantial 14.8 years remaining. The property generates a strong net operating income (NOI) of $121,915, resulting in a compelling 6.95% cap rate. Strategically positioned off US-67, a major thoroughfare towards Little Rock, and conveniently located near Newport Municipal Airport and a Walmart Supercenter, this property benefits from high visibility and strong consumer traffic. Newport's economy is diverse, with significant employment in manufacturing, retail, and healthcare. Dollar General's investment-grade credit rating and proven resilience further enhance the security and profitability of this investment. This fee-simple ownership offers a rare opportunity to acquire a high-performing retail asset with significant long-term growth potential. The property is currently 100% occupied.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.