819 Ctr St Lonoke, AR 72086-2549

This exceptional investment opportunity presents a single-tenant, net-leased convenience store and storefront property in Lonoke, Arkansas. The property, located at 819 N Center St, Lonoke, AR 72086, is a 9,014 square foot building currently occupied by Dollar General, a publicly traded company with a Standard & Poor's rating of BBB. The lease commenced August 11, 2009, and has a remaining term of approximately 5.2 years, with four 5-year renewal options at 10% rental escalations each. The current lease expiration is January 31, 2030. The property boasts a 7.50% cap rate and a net operating income (NOI) of $81,096, with an asking price of $1,081,280 ($119.96 per square foot). Dollar General, a recognized industry leader, has a market capitalization of $27 billion and total revenue of $37 billion, operating over 19,000 locations and employing more than 170,000 people. This investment offers a strong, stable income stream with minimal landlord responsibilities, making it an attractive option for investors seeking a secure, high-performing asset in a well-established location. The property's strategic position in Lonoke ensures consistent customer traffic and proven sales. The tenant's financial strength and long-term commitment to the location further enhance the investment's appeal. This is a turnkey investment opportunity with a proven track record of success.