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Dollar General 2677 Highway 267 S Searcy AR 10,640 SF Retail Building Searcy, AR 72143 $2,685,235 CAD ($252.37 CAD/SF) 6.40% Cap Rate
Investment Highlights
- Long-term lease with 13+ years remaining
- Approximately 45 miles north of Little Rock, the capital of Arkansas
- 5% rental increases every five years (next on 7/1/2029)
- Located in Searcy, a micropolitan area with approximately 80,000 people
- Affluent surrounding area with average annual household income of $125,000 within three miles
- New construction store that opened in Summer 2024
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Year Built
2024
Price
$2,685,235 CAD
Price Per SF
$252.37 CAD
Cap Rate
6.40%
NOI
$171,856 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.20 AC
Zoning
C - Commercial
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- -
Dollar General began in 1939 as a wholesale venture and later opened its first store in 1955, growing into a discount retail business focused on everyday essentials. The company sells food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, paper products, and seasonal items, and it also offers products online. Dollar General operates as a broad neighborhood retail chain with a presence across the United States and Mexico, serving shoppers through convenient store formats and an e-commerce channel.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | - |
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 001-11503-000 | Improvements Assessment | $7,138 CAD |
| Land Assessment | $4,685 CAD | Total Assessment | $11,823 CAD |
Property Taxes
Parcel Number
001-11503-000
Land Assessment
$4,685 CAD
Improvements Assessment
$7,138 CAD
Total Assessment
$11,823 CAD
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Dollar General | 2677 Highway 267 S Searcy AR
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