0 Highway 42 Hickory Ridge, AR 72347

This exceptional investment opportunity presents a 10,640 square foot, single-story Dollar General store situated on a 1.6-acre lot in Hickory Ridge, Arkansas. Built in 2024, the property boasts a new 15-year absolute NNN lease commencing July 16, 2024, and expiring July 31, 2039, with five 5-year renewal options. The lease includes a favorable 5% rent increase every five years, ensuring consistent income growth. The tenant, Dollar General, holds a BBB credit rating, providing investment-grade security. The property enjoys a prime location on Hwy 42, benefiting from high visibility and traffic (1,137 cars per day). With a 100% occupancy rate and a Net Operating Income (NOI) of $119,730, this offering presents a compelling 7.00% cap rate at an asking price of $1,710,429 ($160.75/sq ft). The three-mile radius boasts a population of 9,757 and an average household income of $53,845, supporting the strong performance of this retail location. This is a turnkey investment with zero landlord responsibilities, making it ideal for passive investors or 1031 exchange buyers seeking a stable, high-return asset. The property is located in Jackson County, Arkansas, zip code 72347. There is no competition within 13 miles of the property.