4152 W Highway 36
Searcy, AR 72143

Stan Johnson Company is pleased to offer for sale to qualified investors an attractive retail property 100% leased to Dollar General located in Searcy, Arkansas. Dollar General is operating under a Fifteen (15) year Absolute NNN lease with Fifteen (15) years remaining. The lease features Five (5), Five (5) year renewal options with 10% rental increases every Five (5) years in the option periods. Dollar General is a U.S. chain of variety stores headquartered in Goodlettsville, Tennessee. As of April 29, 2016, it operated 12,483 stores located in 43 states. The company currently holds an investment grade credit rating of BBB/Stable with S&P. Searcy is the largest city and county seat of White County, Arkansas. It is the principal city of the Searcy, AR Micropolitan Statistical Area which encompasses all of White County. Searcy' s central location allows for convenient access to transportation services. Searcy is located less than one hour north of the Little Rock National Airport, Little Rock River Port and the intersection of Interstates 30 and 40. The 50 miles are quickly covered via four-lane, divided US Highway 67/167. Memphis is a two hour drive east on US Highway 64. Passing through Searcy, Highway 67/167 offers access to many major cities. In addition to 67/167 there are also many U.S. and state highways that offer good access. Searcy and White County have a diverse economic base, which contributes to the county' s high quality of life and low unemployment. One of the state' s largest banks, First Security Bank, was established in Searcy. First Security now has over $3.2 billion in assets and 70 locations in Arkansas.