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Property profile & analytics
OFF-MARKET
Drug stores

570 Vine St Newark, AR 72562

8,000 SF 0.78 ac lot Built 1999
Entity Owned 5-yr Hold
Property ID
US05-2272727
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, net-leased Dollar General store in Newark, Arkansas. The property boasts a strong 25-year operating history, with a recently extended lease providing 5.5 years of remaining term plus two 8.35% rent bump options. Located on a 0.78-acre lot at 570 Vine St, the 8,000 square foot building was constructed in 1999. The property enjoys a 100% occupancy rate, generating a substantial net operating income (NOI) of $33,040 and a compelling 7.75% cap rate. The tenant, Dollar General, is a credit-rated, corporate-guaranteed entity with a significant market presence and proven resilience. The property benefits from a favorable location approximately 15 miles east of Batesville, within a trade area exhibiting an average household income of $56,616, and limited direct competition. This presents a rare chance to acquire a stable, high-performing retail asset with a long-term lease and significant upside potential. The asking price is $426,323. The property is classified as a convenience store, grocery store, and pharmacy/drug store.

Property profile
Verified
Property type Drug stores
Year built 1999
Total area 8,000 SF
Lot 0.78 ac (33,977 SF)
UPID US05-2272727
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dollar General Discount Store
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • FedEx OnSite Postal Service Courier Service
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jedars Lllp · 5 yrs held
Jedars Lllp
since 2021
2 recorded transactions
2021
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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