5551 Us-63 Imboden, AR 72434
- Retail properties
- 8,556 SF
- 0.80 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5551 Us-63
- Year built
- 2000
- Lot size
- 0.80 lot acres
- Property size
- 8,556 SF
- Property type
- Retail properties
- Property subtype
- Drug stores
Description
This exceptional investment opportunity presents a single-tenant, net-leased Dollar General store in Imboden, Arkansas. The property boasts 8,556 square feet on a 0.8-acre lot, strategically located on US-63. Built in 2000, this property benefits from a 25-year operating history with Dollar General, a credit-rated tenant with a corporate guarantee. The current lease, with a remaining term of 5.8 years, expires August 31, 2030, and includes one remaining option with an 8.35% rent bump. The property generates a strong net operating income (NOI) of $41,859, resulting in an attractive 8.00% cap rate. The asking price is $523,113. With limited competition and Dollar General's proven success, this offering presents a compelling investment opportunity in a stable, essential retail sector. The property's location on a major thoroughfare ensures high visibility and accessibility. This is a rare chance to acquire a well-established, income-producing asset with a long-term, secure tenant. The property functions as a convenience store, grocery store, and pharmacy/drug store.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Imboden
- County
- Lawrence
- State
- Arkansas
- Longitude
- -91.1932
- Latitude
- 36.2048