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Family Dollar - Mt. Ida, AR

627 Hwy 270 E, Mount Ida, AR 71957

Listing Price: $1,430,786

Cap Rate
6.75%
Tenant Name
Family Dollar
Years Remaining On Lease
6.6
Gross SF
8,353
Guarantor
No Guarantee
Rentable SF
8,353
Price/Gross SF
$171.29
Lease Type
Absolute Net
Rent Per Square Feet
$11.56

Investment Overview

Marcus & Millichap presents for sale the Family Dollar in Mt. Ida, AR. This 8,353 SF property sits on 1.97 acres of land. The Dollar General was built in 2015 along
Highway 270.

The lease on the property is an Absolute Net lease, requiring no landlord responsibilities. The remaining
term on the lease is about seven years, with six, five-year options thereafter. The tenant for the lease is
Family Dollar Corporate, which has an S&P Credit Rating of BBB.

Investment Highlights

  • About 7 Years Remaining on Lease Term with Six, 5-Year Options
  • Absolute Net Property - No Landlord Responsibilities
  • Strong Family Dollar Corporate Lease
  • Family Dollar S&P Credit Rating of BBB
  • Along State Highway 270

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Discount

Family Dollar - Mt. Ida, AR

Listing Price: $1,430,786

Cap Rate
6.75%
Tenant Name
Family Dollar
Years Remaining On Lease
6.6
Gross SF
8,353
Guarantor
No Guarantee
Rentable SF
8,353
Price/Gross SF
$171.29
Lease Type
Absolute Net
Rent Per Square Feet
$11.56

Investment Highlights

  • About 7 Years Remaining on Lease Term with Six, 5-Year Options
  • Absolute Net Property - No Landlord Responsibilities
  • Strong Family Dollar Corporate Lease
  • Family Dollar S&P Credit Rating of BBB
  • Along State Highway 270

Investment Overview

Marcus & Millichap presents for sale the Family Dollar in Mt. Ida, AR. This 8,353 SF property sits on 1.97 acres of land. The Dollar General was built in 2015 along Highway 270. The lease on the property is an Absolute Net lease, requiring no landlord responsibilities. The remaining term on the lease is about seven years, with six, five-year options thereafter. The tenant for the lease is Family Dollar Corporate, which has an S&P Credit Rating of BBB.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

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