Listed by Marcus & Millichap - Dallas, Berkshire Hathaway/C.Dan Joyner Commercial
$987,000
Family Dollar (US Highway 65 (9,377 VPD))
Details
Property Type Retail
Sub Type Dollar Store
Square Footage 14,579
Net Rentable (SqFt) 14,579
Units 1
Cap Rate 8.50%
NOI $83,829
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Term 10
Lease Expiration 02/28/2032
Remaining Term 5.7
Rent Bumps Yes
Lease Options Six, 5-Year
Price per SqFt $68
Broker Co-Op Yes
Year Built 2021
Acreage 1.040
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/24/2021
Ground Lease No
US Highway 65 Location (9,377 VPD)
Marketing description
Offered for sale is a Family Dollar in Lake Village, Arkansas, a 14,579-SF freestanding store constructed in 2021 and positioned on a 1.04-acre parcel along the high-traffic US-65 corridor. The site sits at a key Delta crossroads near the convergence of US-65, US-82, and US-278 and benefits from consistent regional travel, commuter activity, and strong visibility.
Investment highlights
- Double Net Lease with 5.7 Years Remaining
- US Highway 65 Location (9,377 VPD)
- Recent 2021 Construction on a Large 1.04-Acre Site
- National Discount Retailer With 4,300+ Locations and Strong Concentration Across the Rural Southeast
Listing Contacts
Listed by Marcus & Millichap - Dallas, Berkshire Hathaway/C.Dan Joyner Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,829.00
$6,985.75/mo
Valuation Metrics
0
DSCR
8.49%
Cap Rate
8.49%
ROI
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