507 Lindsey St, Hoxie, AR 72433-2224

This exceptional investment opportunity presents a 7,500 square foot Dollar General store located at 507 SE Lindsey St, Hoxie, AR 72433. The property sits on a 0.46-acre lot and boasts a strong 8.50% cap rate, generating a net operating income (NOI) of $36,225. The asking price is $426,175, translating to a price per square foot of $56.82. The property is currently 100% occupied under a triple-net (NNN) lease with a credit-rated corporate guarantor. The lease commenced on May 1, 1996, and has a remaining term of approximately 3.4 years, expiring April 30, 2028. Two 5-year lease options exist, with a 10% rent increase in each option period. The tenant is responsible for all property taxes, insurance, and common area maintenance (CAM), with current CAM payments at $300 per month, not included in the NOI. Built in 1996, the property recently underwent improvements including a completely resurfaced parking lot and new concrete loading area. This represents a compelling opportunity to acquire a well-located, stable, and income-producing retail asset with a strong tenant history and significant remaining lease term. The low price per square foot and high cap rate make this an attractive investment for those seeking strong returns in the Arkansas market.