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Dollar Tree
415 W Michigan St, Stuttgart, AR 72160
Listing Price: $1,020,000
Investment Overview
Marcus & Millichap, as exclusive advisor, is excited to present this single-tenant, built-to-suit, Dollar Tree in Stuttgart, Arkansas. Built in 2013, this 8,320 square foot property offers minimal landlord responsibilities and strong long-term potential for investors.
Located an hour east of Little Rock, Stuttgart is anchored by its deep agricultural roots and world-class hunting. The city attracts tens of thousands of tourists annually, hosting the World's Championship Duck Calling Contest and Wings Over The Prairie Festival.
Strategically located off one of Stuttgart's busiest roads, West Michigan Street, the site benefits from excellent visibility and access, contributing to an impressing 11.8 percent year-over-year increase in store traffic. Dollar Tree has been a stable tenant for over 12 years, underlining the reliability of the income stream.
At an attractive 8.23 percent cap rate with 4.5 years remaining and six five-year renewal options featuring 10 percent rent escalations, this asset offers excellent investment potential.
Dollar Tree
Investment Highlights
- Low Maintenance Ownership: Landlord Responsibilities are Limited to Roof, Structure & Parking Lot Replacement. Tenant handles Utilities & HVAC System, Reimbursing Landlord for Taxes and Insurance.
- Prime Location & Store Traffic: Store Traffic has Increased 11.8 Percent Year over Year. Strategically Positioned Near One of Stuttgart's Busiest Intersections.
- Established Tenant Relationship: Dollar Tree has Occupied this Space for Over 12 Years. This is a Dollar Tree Built-to-Suit Property.
- Long-Term Potential: 8.23 Percent Cap Rate Allows Attractive Yield in a Less Competitive Rural Investing Environment. Six Five-Year Options Featuring 10 Percent Rent Escalations Provide Compounding Cash Flows.
Listing Price: $1,020,000
Investment Highlights
- Low Maintenance Ownership: Landlord Responsibilities are Limited to Roof, Structure & Parking Lot Replacement. Tenant handles Utilities & HVAC System, Reimbursing Landlord for Taxes and Insurance.
- Prime Location & Store Traffic: Store Traffic has Increased 11.8 Percent Year over Year. Strategically Positioned Near One of Stuttgart's Busiest Intersections.
- Established Tenant Relationship: Dollar Tree has Occupied this Space for Over 12 Years. This is a Dollar Tree Built-to-Suit Property.
- Long-Term Potential: 8.23 Percent Cap Rate Allows Attractive Yield in a Less Competitive Rural Investing Environment. Six Five-Year Options Featuring 10 Percent Rent Escalations Provide Compounding Cash Flows.
Investment Overview
Marcus & Millichap, as exclusive advisor, is excited to present this single-tenant, built-to-suit, Dollar Tree in Stuttgart, Arkansas. Built in 2013, this 8,320 square foot property offers minimal landlord responsibilities and strong long-term potential for investors. Located an hour east of Little Rock, Stuttgart is anchored by its deep agricultural roots and world-class hunting. The city attracts tens of thousands of tourists annually, hosting the World's Championship Duck Calling Contest and Wings Over The Prairie Festival. Strategically located off one of Stuttgart's busiest roads, West Michigan Street, the site benefits from excellent visibility and access, contributing to an impressing 11.8 percent year-over-year increase in store traffic. Dollar Tree has been a stable tenant for over 12 years, underlining the reliability of the income stream. At an attractive 8.23 percent cap rate with 4.5 years remaining and six five-year renewal options featuring 10 percent rent escalations, this asset offers excellent investment potential.
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