Family Dollar
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
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