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 5.7 years, expires August 31, 2030, and includes one remaining option with an 8.35% rent bump. The property generates a strong NOI of $41,859, resulting in an attractive 8.25% cap rate. The asking price is $507,268. This represents a compelling investment in a well-established, essential retail business with limited local competition and significant remaining lease term. The property's location on a major thoroughfare ensures high visibility and accessibility, contributing to its consistent performance and long-term value. The tenant's strong financial standing and proven track record further enhance the investment's security and potential for future growth. This is a rare opportunity to acquire a stable, high-performing retail asset with a significant remaining lease term and attractive financial metrics.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Imboden
- County
- Lawrence
- State
- Arkansas
- Longitude
- -91.1932
- Latitude
- 36.2048