Dollar Tree
Retail Property For Sale
Marketing description
Dollar Tree at 415 W Michigan St, Stuttgart, AR 72160 offers investors the opportunity to acquire a well-located, single-tenant net leased retail asset backed by a nationally recognized brand. This 8,320 SF freestanding store sits on 0.68 acres along W Michigan Street/Hwy 79, a primary retail corridor with approximately 8,891 VPD and access from three roads for exceptional convenience and visibility.
Built in 2013 and converted from a prototype Family Dollar to Dollar Tree in 2015, the property has served the market for more than 12 years, demonstrating strong operating history and tenant commitment. The store is leased on a Double Net basis with minimal landlord responsibilities, a corporate guaranty, and six additional 5-year renewal options, creating long-term income potential.
Positioned near major area employers and retailers including Riceland Foods, Lennox, Walmart, Food Giant, and Cadence Bank, the site benefits from steady local demand in the county seat of Arkansas County. With average household income exceeding $63,000 within five miles and reported 11.8% growth in store traffic over the last 12 months, this asset combines durability, visibility, and upside in a proven retail location.
Investment highlights
- Double Net Lease | Minimal Landlord Responsibilities| Corporate Guarantee | S&P Credit Rating "BBB"
- The Store Was Built in 2014 as a Prototype Family Dollar That Was Converted to a Dollar Tree in August 2015
- Established Tenant With Over 12 Years Of Occupancy In The Space
- Located on W Michigan St (Hwy 79) Between N Spring St and N Lowe St and Enjoys Access Points From All Three Roads
- Stuttgart is Just 1 Hour to Little Rock, 40 Minutes to Pine Bluff, and Almost 2 Hours to Memphis, Tennessee
- Average Household Income Exceeds $63,000 Within a 5 Miles Radius
- 11.8% Growth In Store Traffic Over The Last 12 Months, Signifying Growing Performance
- Flanked By the Bayou Meto State Game Area (34,000 Acres) With Opportunities For Fishing, Hunting and Camping: The White River National Wildlife Refuge (161,000 Acres) is Home to Several Migrating Ducks and Geese, as well as Bald Eagles, Black Bears, and Woodpeckers
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