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27300394
27300395

604 W Main St, Lavaca, AR 72941

JB
TX 688810
Matthews
KM
NE 20170883
Matthews
Listed by Matthews
$1,297,059
241 days on market
Updated 83 days ago

Family Dollar | Arkansas | 8.50% Cap Rate

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,500
Cap Rate 8.5%
NOI $110,250
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+1)
Lease Type NN+
Lease Term 10.1
Lease Expiration 05/31/2033
Remaining Term 7
Rent Bumps Yes
Lease Options Four, 5-Year Options
Year Built 2023
Buildings 1
Stories 1
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 05/09/2023
Ownership Fee Simple

10-mile Pop. of ±42,229 Residents

Investment highlights

LEASE AND LOCATION:

  • 2023 retrofit for Family Dollar

  • ±7.75 years remaining on an initial 10-year lease

  • Corporately guaranteed lease

  • Rent increases of $5,250 ($0.50 / SF) in all four, 5-year options

  • 10-mile population of ±42,229 residents

  • The subject property comes with a 20-year roof warranty

  • Average household income of $78,690 annually within a ±10-mile radius

  • Lavaca is located within the Fort Smith MSA and is ±15-mile East of downtown

TENANT HIGHLIGHTS

  • Family Dollar, a major national discount retailer with more than 8,000 stores across 48 states, has been acquired for roughly $1 billion by Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co

  • Now operating as an independent company, Family Dollar benefits from both fresh capital and significant retail expertise. This backing is expected to accelerate store upgrades and drive operational improvements. With its proven value-focused model and strong presence in local communities, Family Dollar continues to serve as a resilient anchor tenant, positioned for sustained growth in the years ahead.

Listing Contacts

JB
TX 688810
Matthews
KM
NE 20170883
Matthews
Listed by Matthews

Valuation Calculator

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,250.00
$9,187.50/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Kyle Matthews
License
PB00084217 (AR)
Brokerage
MREIS AR Real Estate
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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