46 Priddy St, Magazine, AR 72943-8403

This exceptional investment opportunity features a 9,026 square foot Dollar General convenience and grocery store in Magazine, Arkansas. Located at 46 E Priddy St, this single-tenant, net-leased property boasts a strong 6.15% cap rate and a substantial net operating income (NOI) of $82,056. The lease, commencing August 2020, has a remaining term of approximately 10.8 years, extending to August 31, 2035, and includes five, five-year renewal options. The property is strategically positioned in Magazine's most active retail area, ensuring high visibility and consistent customer traffic. With a price per square foot of $147.82 and an asking price of $1,334,244, this investment offers a compelling return on investment. The tenant, Dollar General (NASDAQ: DG), is a highly rated investment-grade credit tenant (BBB rating by Standard & Poor's), minimizing landlord responsibilities and maximizing long-term stability. This is a rare opportunity to acquire a low-maintenance, high-performing retail asset with a proven track record and significant future potential. The property's prime location and the tenant's financial strength make this an attractive addition to any portfolio. This offering presents a secure and profitable investment in a thriving Arkansas market.