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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5999 Greers Ferry Rd Greers Ferry, AR 72067

12,668 SF
Entity Owned 2-yr Hold
Property ID
US05-1101829
Property summary
AI-generated overview

This exceptional investment opportunity features a 12,668 square foot Dollar General Market in Greers Ferry, Arkansas, boasting a brand-new 15-year absolute NNN lease commencing May 25, 2024, and expiring May 31, 2039. The lease includes five, five-year renewal options with a favorable 5.0% rental escalation every five years, ensuring consistent income growth. The property offers a strong 6.40% cap rate and a Net Operating Income (NOI) of $137,064, based on an asking price of $2,141,600 ($169.06 per square foot). This single-tenant property benefits from the investment-grade credit tenant, Dollar General (rated BBB by Standard & Poor's), eliminating landlord responsibilities. The store's expanded format, a Dollar General Market, offers fresh produce, meats, and dairy, catering to the needs of the surrounding community. Located at 5999 Greers Ferry Rd, Greers Ferry, AR 72067, this property presents a secure and lucrative investment prospect with significant long-term potential. The 100% occupancy ensures immediate cash flow, making this an attractive addition to any portfolio.

Property profile
Verified
Property type Retail properties & Spaces
Total area 12,668 SF
UPID US05-1101829
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
  • dg market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Pb General Holdings Greers Ferry 92 · 2 yrs held
Pb General Holdings Greers Ferry 92
since 2024
2 recorded transactions
2024
$244,000
2022
$215,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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