www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28947717
28947718

608 S Illinois Ave, Harrisburg, AR 72432

LC
TX 714883
Matthews
DJ
TX TX 814048, TX 814048
Matthews
Listed by Matthews
$450,000
173 days on market
Updated 73 days ago

Family Dollar - Harrisburg, AR

Details
Property Type Industrial, Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Net Rentable (SqFt) 7,848
Cap Rate 10.2%
NOI $45,888
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+2)
Lease Expiration 12/31/2026
Remaining Term 0.6
Rent Bumps Yes
Lease Options Three, 5-year Options
Year Built 2000
Acreage 0.620
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/11/2000
Occupancy Date 04/11/2000
Ground Lease No
Ownership Fee Simple

10.20% CAP | 1 Year Remaining

Investment highlights

  • Established Tenancy - Originally built in November 2000, this location has supported more than two decades of continuous operation for Family Dollar

  • Location - Positioned within the Jonesborough (MSA)—the fifth most populated city in Arkansas

  • Lease Term - ±1.00 year remains on the current base lease term, with three, 5-year extensions remaining. There are 10% rent increases at the beginning of each 5-year extension

  • Roof & Structure - Landlord is responsible for upkeep of the roof and structure

  • Taxes & Insurance - The Landlord pays base year insurance premium and property tax; Family Dollar reimburses any increase over the base year amount

Listing Contacts

LC
TX 714883
Matthews
DJ
TX TX 814048, TX 814048
Matthews
Listed by Matthews

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,888.00
$3,824.00/mo

Valuation Metrics

0
DSCR
10.2%
Cap Rate
10.2%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

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.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591