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Family Dollar

5613 MacArthur Dr, North Little Rock, AR 72118

Listing Price: $1,155,390

Cap Rate
6.50%
Tenant Name
Family Dollar
Years Remaining On Lease
6.7
Gross SF
8,320
Guarantor
Corporate Guarantee
Rentable SF
8,320
Price/Gross SF
$138.87
Lease Type
Double Net
Rent Per Square Feet
$9.03

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. While shoppers can find many items at one dollar or less, most items in the store are priced below ten dollars, which makes shopping fun without stretching the family budget. North Little Rock, Arkansas sits on the banks of the Arkansas River in Pulaski County, located in the center of the state. With a population of over 65,000 people, North Little Rock, along with Little Rock and Conway, jointly anchor the six-county Little Rock-North Little Rock-Conway MSA.

Investment Highlights

  • Seven Years Remaining on Corporate Guaranteed Lease Term
  • Five Percent Rental Increases in Each 5-Year Option Period
  • Two Miles Off the I-40 (100,000+ CPD) & Four Miles Off the 1-30 (126,000+ CPD) - Direct Access to Downtown North Little Rock & Downtown Little Rock
  • Minutes from McCain Mall Shopping Center & Major National Retailers – Target, Kroger, The Home Depot, Walmart Supercenter, Best Buy, and More
  • Strong Daytime Population - 250,000+ Employees in Surrounding Area
  • Immediate Proximity to Burns Park – Athletic Center equipped with Baseball Complex, Tennis Center, Soccer Complex, Fishing Pier, Golf Course, RV Park & Campground, and Public Use Areas
  • Average Household Income Exceeds $66,000 within a Three-Mile Radius
  • Six Miles from Downtown Little Rock

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s) AR: PB00066390

    Arkansas

Listing Price: $1,155,390

Cap Rate
6.50%
Tenant Name
Family Dollar
Years Remaining On Lease
6.7
Gross SF
8,320
Guarantor
Corporate Guarantee
Rentable SF
8,320
Price/Gross SF
$138.87
Lease Type
Double Net
Rent Per Square Feet
$9.03

Investment Highlights

  • Seven Years Remaining on Corporate Guaranteed Lease Term
  • Five Percent Rental Increases in Each 5-Year Option Period
  • Two Miles Off the I-40 (100,000+ CPD) & Four Miles Off the 1-30 (126,000+ CPD) - Direct Access to Downtown North Little Rock & Downtown Little Rock
  • Minutes from McCain Mall Shopping Center & Major National Retailers – Target, Kroger, The Home Depot, Walmart Supercenter, Best Buy, and More
  • Strong Daytime Population - 250,000+ Employees in Surrounding Area
  • Immediate Proximity to Burns Park – Athletic Center equipped with Baseball Complex, Tennis Center, Soccer Complex, Fishing Pier, Golf Course, RV Park & Campground, and Public Use Areas
  • Average Household Income Exceeds $66,000 within a Three-Mile Radius
  • Six Miles from Downtown Little Rock

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. While shoppers can find many items at one dollar or less, most items in the store are priced below ten dollars, which makes shopping fun without stretching the family budget. North Little Rock, Arkansas sits on the banks of the Arkansas River in Pulaski County, located in the center of the state. With a population of over 65,000 people, North Little Rock, along with Little Rock and Conway, jointly anchor the six-county Little Rock-North Little Rock-Conway MSA.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s): AR: PB00066390

    Arkansas

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