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33832412
33834201

1311 W Main St, Austin, AR 72007

JB
TX 688810
Matthews
Listed by Matthews
$2,177,088
16 days on market
Updated 16 days ago

Dollar General PLUS | 15-Yr Abs NNN w/ Rent Increases

Details
Property Type Retail
Sub Type Convenience Store, Storefront (+1)
Square Footage 10,640
Cap Rate 6.25%
NOI $136,068
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/30/2041
Remaining Term 15
Rent Bumps Yes
Lease Options Five, 5-Year Options
Year Built 2026
Acreage 2.950
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 04/15/2026
Ground Lease No
Ownership Fee Simple

Little Rock MSA | Corporate Guaranty

Marketing description

Brand new 2026 build-to-suit construction for Dollar General featuring a 15-Year Absolute NNN lease with zero landlord responsibilities. The property features the Dollar General PLUS prototype, a larger 10,640 SF building, on a huge 2.95 Acre parcel (128k Square Feet). The lease is corporate guaranteed by Dollar General Corporation (S&P Rated BBB) and includes attractive 5% rent increases every 5 years with five, 5-Year extension options, all of which include a 5% rent increase.

The property is located in Austin, part of the Little Rock MSA, just 20 miles North of downtown Little Rock. The area features a 5-Mile population of 40,229 residents with affluent demographics showing an average household income of $147,597 annually within a 1-mile radius.

Investment highlights

  • Brand new 2026 build-to-suit construction for Dollar General
  • 15-Year Absolute NNN lease w/ zero landlord responsibilities
  • Dollar General PLUS prototype (larger 10,640 SF building)
  • Attractive 5% rent increases every 5 years
  • Corporate guaranteed lease from Dollar General Corporation (S&P Rated BBB)
  • Huge ±2.95 Acre parcel (128k Square Feet)
  • 5-Mile population of ±40,229 residents
  • Five, 5-Year extension options, all of which include a 5% rent increase
  • Affluent demographics with an average household income of $147,597 annually (1-mile radius)
  • Austin is part of the Little Rock MSA and is located just ±20 miles North of downtown Little Rock
  • Dollar General operates ±21,000 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has an investment-grade credit rating of BBB (S&P)
  • Dollar General was considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Dollar General has a market cap of ±25 billions

Listing Contacts

JB
TX 688810
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$136,068.00
$11,339.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

Map

Zoning

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R-NH ResidentialSingle FamilyNeighborhood Residential
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Last updated Apr 16, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Kyle Matthews
License
PB00084217
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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