1105 N Jackson - Convenience Store FOR SALE


Magnolia, AR 71753
$2,195,000 USD
678-808-2762
1105 N Jackson, Magnolia, AR for Sale
$2,195,000 USD
Convenience Store - FOR SALE
1/3
null | 7.05% Cap Rate

1105 N Jackson
Magnolia, AR 71753


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.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Near University

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,281 SF

ZONING

-

APN/PARCEL ID

01-00589-00001,01-03765-00000

ASK ABOUT THIS PROPERTY

Don McMinnMarcus & MillichapMore Info
678-808-2762

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Don McMinnMarcus & MillichapMore Info
678-808-2762

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.