Skip to main content

Grocery Store

Piggly Wiggly

108 E 2nd St, DeWitt, AR 72042

Listing Price: $1,100,000

Cap Rate
8.48%
Tenant Name
Piggly Wiggly
Years Remaining On Lease
3.5
Gross SF
19,444
Guarantor
Corporate Guarantee
Rentable SF
19,444
Price/Gross SF
$56.57
Lease Type
Double Net
Rent Per Square Feet
$4.80

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale the Piggly Wiggly located at 108 E. 2nd St, DeWitt AR, 72042. This 19,444 SF freestanding grocery store is situated on 1.38 AC in the heart of DeWitt AR on E. 2nd St. This Piggly Wiggly is operated by Food Giant Supermarkets, Inc. (lessee) and operates 109 stores across the southern and midwestern United States. They currently have 3.5 years left on their Double Net (NN) lease, with the landlord responsible for roof and structure. The property has been taken care of - the parking lot was re-surfaced in 2020 and the roof is in good condition. This store benefits from limited competition as the nearest grocery store is located 25 miles away. Little Rock is located just an hour and a half (80.9 miles) away from the subject property.

Investment Highlights

  • Limited Competition - Nearest Grocery Store is located 25 Miles Away
  • This Piggly Wiggly is operated by Food Giant Supermarkets, Inc. and operates 109 stores across the southern and midwestern United States.
  • 3.5 years left on their Double Net (NN) lease - landlord responsible for roof and structure
  • Parking lot was re-surfaced in 2020 and roof is in good condition

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s) AR: PB00066390

    Arkansas

Grocery Store

Piggly Wiggly

Listing Price: $1,100,000

Cap Rate
8.48%
Tenant Name
Piggly Wiggly
Years Remaining On Lease
3.5
Gross SF
19,444
Guarantor
Corporate Guarantee
Rentable SF
19,444
Price/Gross SF
$56.57
Lease Type
Double Net
Rent Per Square Feet
$4.80

Investment Highlights

  • Limited Competition - Nearest Grocery Store is located 25 Miles Away
  • This Piggly Wiggly is operated by Food Giant Supermarkets, Inc. and operates 109 stores across the southern and midwestern United States.
  • 3.5 years left on their Double Net (NN) lease - landlord responsible for roof and structure
  • Parking lot was re-surfaced in 2020 and roof is in good condition

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale the Piggly Wiggly located at 108 E. 2nd St, DeWitt AR, 72042. This 19,444 SF freestanding grocery store is situated on 1.38 AC in the heart of DeWitt AR on E. 2nd St. This Piggly Wiggly is operated by Food Giant Supermarkets, Inc. (lessee) and operates 109 stores across the southern and midwestern United States. They currently have 3.5 years left on their Double Net (NN) lease, with the landlord responsible for roof and structure. The property has been taken care of - the parking lot was re-surfaced in 2020 and the roof is in good condition. This store benefits from limited competition as the nearest grocery store is located 25 miles away. Little Rock is located just an hour and a half (80.9 miles) away from the subject property.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s): AR: PB00066390

    Arkansas

MM Texture Background
MM Textured Background Lower