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Dollar General 2677 Highway 267 S Searcy AR 10,640 SF Retail Building Searcy, AR 72143 $1,948,675 ($183.15/SF) 6.40% Cap Rate

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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

OM - Dollar General - Searcy, AR (Boulder Group)

Property Facts

Sale Type

Investment NNN

Sale Conditions

1031 Exchange

Property Type

Retail

Property Subtype

Freestanding

Building Size

10,640 SF

Year Built

2024

Price

$1,948,675

Price Per SF

$183.15

Cap Rate

6.40%

NOI

$124,716

Tenancy

Single

Building Height

1 Story

Building FAR

0.11

Lot Size

2.20 AC

Zoning

C - Commercial

Major Tenants

Retailer
-
-
Triple Net
-

Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.