Family Dollar/Dollar Tree 606 Holly St 10,500 SF Retail Building Mcgehee, AR 71654 $1,396,000 ($132.95/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Top 25% Ranked Performing Store in the State - Recently Remodeled
- Investment Grade Credit Tenant – Rated BBB by S&P (Moody’s: Baa2)
- Inflation Resistant Cash Flows - $0.50 PSF Rent Increases Every 5 Years
- Ranked #143 on Fortune 500 – Publicly Traded Company (NASDAQ: DLTR) – $30B in Revenue
- Long Term Net Lease – 8 Years Remaining in Primary Term – Three 5-Year Option Periods
- Corporate Guaranty (FAMILY DOLLAR STORES, INC.)– Limited Landlord Responsibilities
EXECUTIVE SUMMARY
The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire the single tenant net leased Family Dollar-Dollar Tree in McGehee, AR. Dollar Tree, A publicly traded company (NASDAQ: DLTR), operates over 16,000 stores across the U.S. & Canada, employs over 200,000 associates and has an investment grade credit rating (S&P: BBB). In 2024 Forbes ranked Dollar Tree #143 on the Fortune 500 with over $30.6 billion in annual revenue. The long-term net lease has 8 years remaining in the primary term with three 5-year option periods and $0.50 PSF rent increases every 5 years creating inflation resistant cash flows for years to come.
The recently renovated 10,500 SF building on 1.16-acre parcel is strategically positioned along Holly Street which sees over 5,000 VPD. Nearby retailers include Walmart, Save Mart Grocery Store, O’Reilly Auto Parts, Dollar General, Exon, Sonic and Subway.
This is a great opportunity to purchase bite-sized single tenant retail asset in Arkansas with a corporate guaranty, 15 years in option periods, limited landlord responsibilities and rent increases providing worry free income.
The recently renovated 10,500 SF building on 1.16-acre parcel is strategically positioned along Holly Street which sees over 5,000 VPD. Nearby retailers include Walmart, Save Mart Grocery Store, O’Reilly Auto Parts, Dollar General, Exon, Sonic and Subway.
This is a great opportunity to purchase bite-sized single tenant retail asset in Arkansas with a corporate guaranty, 15 years in option periods, limited landlord responsibilities and rent increases providing worry free income.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
B
Year Built
1990
Price
$1,396,000
Price Per SF
$132.95
Cap Rate
7.50%
NOI
$104,735
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.16 AC
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Family Dollar Dollar Tree
- Retailer
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Family Dollar Dollar Tree | Retailer | 99,999 SF | - | - |
PROPERTY TAXES
| Parcel Number | 005-01423-002 | Improvements Assessment | $50,780 |
| Land Assessment | $3,840 | Total Assessment | $54,620 |
