5991 Ar-36 Rose Bud, AR 72137
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 5991 Ar-36
- Year built
- 2023
- Lot size
- 1.05 lot acres
- Property size
- 10,500 SF
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a brand-new, 10,500-square-foot Family Dollar/Dollar Tree combo store in Rose Bud, Arkansas. Located at 5991 AR-36, this fee-simple property boasts a 10-year net lease (NN+) with a credit-rated corporate guarantor, commencing January 1, 2024, and expiring December 31, 2033. The current net operating income (NOI) stands at $113,925, yielding a 7.50% cap rate on the asking price of $1,519,000 ($144.67 per square foot). The lease includes six 5-year renewal options, with a $0.50 per square foot rent increase at each option. Situated on a 1.05-acre lot, the property features a concrete parking lot and excellent highway visibility. The strong tenant, a combination of two well-known national brands, provides a diverse product offering and caters to a population of over 6,900 within a 3-mile radius. Built in 2023/2024, this property offers a secure, long-term investment with significant upside potential. The property's location across the street from a Dollar General further enhances its strategic positioning and market appeal. This is an ideal 1031 exchange opportunity.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rose Bud
- County
- White
- State
- Arkansas
- Longitude
- -92.0735
- Latitude
- 35.3316
