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Family Dollar (1.40-Acre Site)

1602 Main St, Des Arc, AR 72040

Listing Price: $1,190,000

Cap Rate
8.25%
Tenant Name
Family Dollar
Years Remaining On Lease
5.5
Gross SF
10,904
Guarantor
Corporate Guarantee
Rentable SF
10,904
Price/Gross SF
$109.13
Lease Type
Double Net
Rent Per Square Feet
$9.00

Investment Overview

Offered for sale is a Family Dollar in Des Arc, Arkansas, a 2021-constructed, 10,904-SF freestanding store on a large 1.40-acre parcel along the city’s primary local corridor near Des Arc High School. The property benefits from steady residential and school-related traffic and strong visibility within the county seat, which sits between Little Rock and Memphis with direct connectivity provided by US-70 and US-64.

Investment Highlights

  • Double Net Lease with 5.5 Years Remaining
  • Main Street Location With 2,798 VPD Near Des Arc High School (636 Students)
  • Recent 2021 Construction on a Large 1.40-Acre Site
  • Located 50 Miles East of Little Rock With Direct Regional Connectivity
  • National Discount Retailer With 4,300+ Locations and Strong Concentration Across the Rural Southeast

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Discount

Family Dollar (1.40-Acre Site)

Listing Price: $1,190,000

Cap Rate
8.25%
Tenant Name
Family Dollar
Years Remaining On Lease
5.5
Gross SF
10,904
Guarantor
Corporate Guarantee
Rentable SF
10,904
Price/Gross SF
$109.13
Lease Type
Double Net
Rent Per Square Feet
$9.00

Investment Highlights

  • Double Net Lease with 5.5 Years Remaining
  • Main Street Location With 2,798 VPD Near Des Arc High School (636 Students)
  • Recent 2021 Construction on a Large 1.40-Acre Site
  • Located 50 Miles East of Little Rock With Direct Regional Connectivity
  • National Discount Retailer With 4,300+ Locations and Strong Concentration Across the Rural Southeast

Investment Overview

Offered for sale is a Family Dollar in Des Arc, Arkansas, a 2021-constructed, 10,904-SF freestanding store on a large 1.40-acre parcel along the city’s primary local corridor near Des Arc High School. The property benefits from steady residential and school-related traffic and strong visibility within the county seat, which sits between Little Rock and Memphis with direct connectivity provided by US-70 and US-64.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

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