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Vacant-User

$1 Auction | Former Dollar General – Little Rock

20799 Arch St, Little Rock, AR 72206

Listing Price: $1

Gross SF
8,699
Rentable SF
8,699
Lot Size
0.97 acres
Year Built
1999

Investment Overview

Register to Bid and Access Due Diligence Documents on RI Marketplace Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing, retail building located at 20799 Arch Street Little Rock, Saline County, Arkansas (the “Property”). The Property is offered significantly below replacement cost and offers an exceptional owner/user or investment opportunity with significant value enhancement potential at a significant discount. The Property is comprised of a one-story, free-standing building totaling ±8,699 square feet. Positioned on ±0.997 acres of land (±43,432 SF), the Property offers abundant parking with 26 surface spaces and access to the site is provided via two ingress/egress curb cuts located along the north side of Angel Court and the west side of Arch Street. The Property was formerly occupied by Dollar General on a triple net lease at a rental rate of $51,861.12 per year ($5.96/SF) and offers potential investors the ability to acquire a free-standing retail building with significant value add through long term lease up, adaptive reuse, or repositioning. Built in 1999, the improvements are typical to the mid-90s Dollar General store designs and consist of a pre-engineered metal building with brick façade, a flat roof, an asphalt parking lot and easy to maintain landscaping. The Property is not subject to a formal zoning ordinance and therefore offers favorable flexible zoning allowing for a variety of uses. The Property is located in the City of Little Rock, Saline County, Arkansas. This former Dollar General is positioned across from a Sonic drive-thru restaurant and the neighborhood is developed with residential development, small retail sites, offices, and light industrial. The Property offers easy access with provided via two ingress/egress curb cuts - located along the north side of Angel Court and the west side of Arch Street, one of the primary traffic carriers for the area with ±8,100 vehicles passing the site daily. The Property offers convenient access to the greater area and is ideally positioned just minutes from the intersection of two major interstates (I-30 and I-530) which is at the northeast corner of the neighborhood. The Property is positioned within a half mile of East End Intermediate School and East End Elementary School and is just ±20-minutes from Downtown Little Rock and the Bill and Hillary Clinton National Airport. The Property serves ±21,083 individuals with an AHHI of ±$67,983 within a 5-mile area and an expanded 10-mile trade area with ±101,187 individuals with an AHHI of ±$62,463.

Investment Highlights

  • ±8,699 SF Former Dollar General Available at Significant Discount Below Replacement Cost
  • Built in 1999; Suitable for a Variety of General Commercial Uses
  • Located in Little Rock with Excellent Visibility along Arch Street with Traffic Counts of ±8,100 VPD
  • Positioned Across from Sonic QSR and within 0.5-miles of East End Elementary & Intermediate Schools

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Vacant-User

$1 Auction | Former Dollar General – Little Rock

Listing Price: $1

Gross SF
8,699
Rentable SF
8,699
Lot Size
0.97 acres
Year Built
1999

Investment Highlights

  • ±8,699 SF Former Dollar General Available at Significant Discount Below Replacement Cost
  • Built in 1999; Suitable for a Variety of General Commercial Uses
  • Located in Little Rock with Excellent Visibility along Arch Street with Traffic Counts of ±8,100 VPD
  • Positioned Across from Sonic QSR and within 0.5-miles of East End Elementary & Intermediate Schools

Investment Overview

Register to Bid and Access Due Diligence Documents on RI Marketplace Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing, retail building located at 20799 Arch Street Little Rock, Saline County, Arkansas (the “Property”). The Property is offered significantly below replacement cost and offers an exceptional owner/user or investment opportunity with significant value enhancement potential at a significant discount. The Property is comprised of a one-story, free-standing building totaling ±8,699 square feet. Positioned on ±0.997 acres of land (±43,432 SF), the Property offers abundant parking with 26 surface spaces and access to the site is provided via two ingress/egress curb cuts located along the north side of Angel Court and the west side of Arch Street. The Property was formerly occupied by Dollar General on a triple net lease at a rental rate of $51,861.12 per year ($5.96/SF) and offers potential investors the ability to acquire a free-standing retail building with significant value add through long term lease up, adaptive reuse, or repositioning. Built in 1999, the improvements are typical to the mid-90s Dollar General store designs and consist of a pre-engineered metal building with brick façade, a flat roof, an asphalt parking lot and easy to maintain landscaping. The Property is not subject to a formal zoning ordinance and therefore offers favorable flexible zoning allowing for a variety of uses. The Property is located in the City of Little Rock, Saline County, Arkansas. This former Dollar General is positioned across from a Sonic drive-thru restaurant and the neighborhood is developed with residential development, small retail sites, offices, and light industrial. The Property offers easy access with provided via two ingress/egress curb cuts - located along the north side of Angel Court and the west side of Arch Street, one of the primary traffic carriers for the area with ±8,100 vehicles passing the site daily. The Property offers convenient access to the greater area and is ideally positioned just minutes from the intersection of two major interstates (I-30 and I-530) which is at the northeast corner of the neighborhood. The Property is positioned within a half mile of East End Intermediate School and East End Elementary School and is just ±20-minutes from Downtown Little Rock and the Bill and Hillary Clinton National Airport. The Property serves ±21,083 individuals with an AHHI of ±$67,983 within a 5-mile area and an expanded 10-mile trade area with ±101,187 individuals with an AHHI of ±$62,463.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

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