Cap Rate
6.65%
Gross SQFT
10,640
Year Built
2025
Term Remaining
±15 YRS
Property Type
Retail
LEAD LISTING AGENT
Email
josh.bishop@matthews.com
License No.
688810 (TX)
Direct
+1 (214) 692-2289
Mobile
+1 (315) 730-6228
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