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Dollar General 108 S Bay Dr 9,014 SF Retail Building Bay, AR 72411 $725,167 ($80.45/SF) 9% Cap Rate

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Investment Highlights

  • Dollar General boasts an investment-grade credit rating of BBB (S&P).
  • Minimal competition as the closest national Dollar Store chain is over 5 miles from the subject property.
  • Building has had interior repainting, new wiring for coolers and registers, and HVAC improvements, indicating a strong commitment to this location.
  • Bay, AR is part of the Jonesboro, AR MSA and is located 10 miles southeast of Jonesboro, which has a total population of ±80,560.
  • Dollar General exercised an early five-year lease extension and recently completed an interior renovation in June 2025
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.

Executive Summary

Broker of Record
Kyle Matthews
License # PB00084217
MREIS AR Real Estate
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,014 SF
Building Class
C
Year Built/Renovated
2010/2025
Price
$725,167
Price Per SF
$80.45
Cap Rate
9%
NOI
$65,265
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.28 AC

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -

Property Taxes

Property Taxes

Parcel Number
10-135213-00801
Land Assessment
$1,935
Improvements Assessment
$66,503
Total Assessment
$68,438
  • Listing ID: 39430705

  • Date on Market: 2/13/2026

  • Last Updated:

  • Address: 108 S Bay Dr, Bay, AR 72411

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