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Dollar General | Near University w/ 5,127 Students

1105 N Jackson, Magnolia, AR 71753

Listing Price: $2,195,000

Cap Rate
7.05%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$206.30
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.54

Investment Overview

15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
• The subject property has a new corporate guaranteed NNN lease with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in each of the five, 5-year option periods.

NEW DOLLAR GENERAL OFFERED AT ATTRACTIVE 7.05% RETURN
• This 2025 construction Dollar General is 10,640 SF and sits on a 4-acre lot.
• This new construction Dollar General is offered at a 7.05% return, which is a superior return for most new Dollar Generals.
• The store opened and rent commenced in February 2025.

ECONOMIC DRIVERS | HOME TO ONE OF THE WORLD’S LEADING BROMINE PRODUCERS (500+ EMPLOYEES)
• Magnolia sits atop the Smackover Formation, a geologic feature rich in oil and bromine resources.
• Bromine, a critical element in flame retardants, drilling fluids, and various industrial chemicals, is one of the region’s most valuable exports.
• LANXESS Corporation, one of the largest bromine producers globally, operates three major facilities in the area, covering over 150,000 acres and employing more than 500 people.
• Albemarle Corporation is investing $540 million to expand its Magnolia South and Magnolia West bromine facilities, which currently employ 750 people. The project is expected to create over 100 new permanent jobs.

1 MILE FROM SOUTHERN ARKANSAS UNIVERSITY (5,127 STUDENTS)
• The subject property is less than 1 mile from Southern Arkansas University and has over 5,127 students.
• This Dollar General is the closest Dollar General to campus.

MAGNOLIA, AR | HOME TO $1.3B STANDARD LITHIUM INVESTMENT
• Magnolia is situated in the southwest region of Arkansas, approximately 75 miles north of Shreveport, LA, and 140 miles south of Little Rock, AR.
• National retailers in Magnolia include Home Depot, Walmart, Whataburger, McDonald’s, and more.
• Magnolia serves as the county seat of Columbia County.
• Magnolia is home to the new Standard Lithium plant, a $1.3 billion investment in the region.
• This Dollar General is located near the proposed Reserve at Magnolia Lakes, a proposed 555-home planned community.

INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.16B.

Investment Highlights

  • 15 Year Corporate NNN Lease With Rent Increases In Initial Term
  • New Dollar General Offered At Attractive 7.05% Return
  • Economic Drivers | Home To One Of The World's Leading Bromine Producers (500+ Employees)
  • 1 Mile From Southern Arkansas University (5,127 Students)
  • Magnolia, AR | Home To $1.3B Standard Lithium Investment
  • Investment Grade Tenant (S&P: BBB) With 21,000 Locations

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Financing By

Discount

Dollar General | Near University w/ 5,127 Students

Listing Price: $2,195,000

Cap Rate
7.05%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$206.30
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.54

Investment Highlights

  • 15 Year Corporate NNN Lease With Rent Increases In Initial Term
  • New Dollar General Offered At Attractive 7.05% Return
  • Economic Drivers | Home To One Of The World's Leading Bromine Producers (500+ Employees)
  • 1 Mile From Southern Arkansas University (5,127 Students)
  • Magnolia, AR | Home To $1.3B Standard Lithium Investment
  • Investment Grade Tenant (S&P: BBB) With 21,000 Locations

Investment Overview

15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM • The subject property has a new corporate guaranteed NNN lease with 5% rent increases every 5 years. • Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure. • There are 5% rent increases in each of the five, 5-year option periods. NEW DOLLAR GENERAL OFFERED AT ATTRACTIVE 7.05% RETURN • This 2025 construction Dollar General is 10,640 SF and sits on a 4-acre lot. • This new construction Dollar General is offered at a 7.05% return, which is a superior return for most new Dollar Generals. • The store opened and rent commenced in February 2025. ECONOMIC DRIVERS | HOME TO ONE OF THE WORLD’S LEADING BROMINE PRODUCERS (500+ EMPLOYEES) • Magnolia sits atop the Smackover Formation, a geologic feature rich in oil and bromine resources. • Bromine, a critical element in flame retardants, drilling fluids, and various industrial chemicals, is one of the region’s most valuable exports. • LANXESS Corporation, one of the largest bromine producers globally, operates three major facilities in the area, covering over 150,000 acres and employing more than 500 people. • Albemarle Corporation is investing $540 million to expand its Magnolia South and Magnolia West bromine facilities, which currently employ 750 people. The project is expected to create over 100 new permanent jobs. 1 MILE FROM SOUTHERN ARKANSAS UNIVERSITY (5,127 STUDENTS) • The subject property is less than 1 mile from Southern Arkansas University and has over 5,127 students. • This Dollar General is the closest Dollar General to campus. MAGNOLIA, AR | HOME TO $1.3B STANDARD LITHIUM INVESTMENT • Magnolia is situated in the southwest region of Arkansas, approximately 75 miles north of Shreveport, LA, and 140 miles south of Little Rock, AR. • National retailers in Magnolia include Home Depot, Walmart, Whataburger, McDonald’s, and more. • Magnolia serves as the county seat of Columbia County. • Magnolia is home to the new Standard Lithium plant, a $1.3 billion investment in the region. • This Dollar General is located near the proposed Reserve at Magnolia Lakes, a proposed 555-home planned community. INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 21,000 locations and plans to open 750 stores in 2025. • Dollar General has been in business for 80 years and has a current net worth of over $18.16B.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

Financing By

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