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29646717

10585 AR-89, Lonoke, AR 72086

SR
AR PB00078916, CA 02101543 (+42)
ParaSell Inc
KA
TX 708586, GA 381358 (+3)
The Kase Group
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
The Kase Group
Listed by ParaSell Inc, The Kase Group
$1,296,000
117 days on market
Updated 117 days ago

Family Dollar

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,500
Cap Rate 8.75%
NOI $113,400
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type Net
Lease Expiration 01/31/2034
Remaining Term 7.7
Rent Bumps Yes
Lease Options Six 5-Year Renewal Options
Price per SqFt $123
Investment Type Net Lease

Net Leased Offering | 8.75% CAP | Family Dollar Corporate Guarantee

Marketing description

The Kase Group is pleased to offer the opportunity to acquire a newly leased Family Dollar location in Lonoke, Arkansas, featuring a 10-year net lease with minimal landlord responsibilities. The lease includes six 5-year renewal options, each with $0.50/SF rent increases, ensuring future income growth. The lease is backed by a corporate guarantee, providing stability and security for the investor. This Family Dollar property is located along Highway 89 South, providing accessibility and visibility to both local residents and those passing through. The property is strategically positioned in a growing residential area within Lonoke County, which has seen steady population growth over the past decade. The county’s population has increased from 68,356 in 2010 to 76,389 in 2024, reflecting a positive demographic trend that supports the demand for retail services. Additionally, the property is well connected to Interstate 40, a key transportation route, offering access to a broader regional market.

Investment highlights

New 10-Year Net Lease

Minimal Landlord Obligations

Corporate Guarantee

6 x 5-Year Renewal Options with $0.50/SF Rent Increases

Located Along Highway 89 South with Easy Access

Proximity to Interstate 40 for Regional Access

Listing Contacts

SR
AR PB00078916, CA 02101543 (+42)
ParaSell Inc
KA
TX 708586, GA 381358 (+3)
The Kase Group
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
The Kase Group
Listed by ParaSell Inc, The Kase Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,400.00
$9,450.00/mo

Valuation Metrics

0
DSCR
8.75%
Cap Rate
8.75%
ROI

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Additional Information

Name
Scott Reid
License
PB00078916
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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