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108 S Bay Dr, Bay, AR, 72411

Dollar General
$725,167

Key Information

Cap Rate
9%
$ per SF
$80
Lot Size
1.28 Acres
Year Built
2010/R2025
Term Remaining
±4.5
Type
Retail
Leasable Area
9,014

Highlights

  • Dollar General Lease Extension & Renovation: Dollar General exercised an early five-year lease extension and completed an interior renovation in June 2025, including repainting, new wiring for coolers/registers, and HVAC upgrades—demonstrating strong long-term commitment to the location.
  • Strategic Bay, AR Location: Bay is part of the Jonesboro, AR MSA and located 10 miles southeast of Jonesboro (population ±80,560), placing the property in a growing regional market with solid demand drivers.
  • Minimal Competition: The closest national dollar store chain competitor is over 5 miles away, giving this Dollar General clear market dominance and protected trade area.

Tenant Highlights

  • Investment-Grade Credit: Dollar General holds a BBB investment-grade credit rating from S&P, providing reliable, high-quality tenancy.
  • Extensive Footprint & Growth: Dollar General operates ±20,000 locations nationwide and continues aggressive expansion plans for the foreseeable future.
  • Essential, Recession-Resilient Retailer: Recognized as an essential retailer, Dollar General proved to be one of the most profitable companies throughout the COVID-19 pandemic.
  • Strong Financial Position: Dollar General maintains a market capitalization of approximately $20 billion, underscoring its corporate stability and credit strength.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # PB00084217
MREIS AR Real Estate
1600 West End Ave, Ste. 1500 Nashville, TN 37203