DOLLAR GENERAL MARKET

3655 AR Hwy 38 East, Austin, AR 72007
$2,289,744

Cap Rate
6.65%
Gross SQFT
10,640
Year Built
2025
Term Remaining
±15 YRS
Property Type
Retail

INVESTMENT HIGHLIGHTS

LEASE & LOCATION HIGHLIGHTS

  • Lease Structure: Absolute Triple-Net (NNN) Lease – No landlord responsibilities; tenant covers property taxes, insurance, and maintenance.
  • Built-in Rent Growth: Fixed 5% rent escalations every 5 years, ensuring long-term rent growth and investment value.
  • Long-Term Security: 15-year initial lease term with Five, 5-year extension options, all of which include a 5% rental increase.
  • Market Store: Dollar General Market stores are DG’s grocery store concept and confirm that they are projecting a very large sales volume.
  • Prime Retail Visibility: Located at 55-109 AR HWY 38, Austin, AR 72007, benefiting from strong daily traffic and excellent accessibility.
  • Large Lot & New Construction Building: The property sits on a large ±1.96 Acres lot, featuring a newly constructed, ±10,640 SF Dollar General PLUS building.
  • Strategic Market Positioning: Austin is part of the Cabot MSA and this particular location serves the north Cabot and surrounding Austin communities, ensuring steady customer demand.

 

TENANT HIGHLIGHTS

  • Corporate-Backed Lease: The Lease is guaranteed by Dollar General Corporation (NYSE: DG).
  • Essential Retailer: Dollar General is a recession-resistant, necessity-based retailer with a strong sales performance in various economic conditions.
  • Investment-Grade Credit Rating: S&P Rated BBB (S&P), reinforcing its financial stability and low-risk profile for investors.
  • Nationwide Expansion: With 21,000+ locations across the U.S., Dollar General continues to grow and dominate the discount retail sector.

Broker of Record

  • Kyle Matthews
  • License No. PB00084217 (AR)
  • (866) 889-0550
  • MREIS AR Real Estate
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203
BESbswy