1218 S Highway 65 82 - Freestanding FOR SALE


Lake Village, AR 71653
$1,112,000 USD
949-724-5552
1218 S Highway 65 82, Lake Village, AR for Sale
$1,112,000 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

1218 S Highway 65 82
Lake Village, AR 71653


HIGHLIGHTS

  • Top 35% Ranked Performing Store in the State - Recently Remodeled
  • Ranked #143 on Fortune 500 – Publicly Traded Company (NASDAQ: DLTR) – $30B in Revenue
  • Inflation Resistant Cash Flows - $0.50 PSF Rent Increases Every 5 Years
  • Long Term Net Lease – Over 7 Years Remaining in Primary Term – Six 5-Year Option Periods
  • Corporate Guaranty (FAMILY DOLLAR STORES, INC.)– Limited Landlord Responsibilities

OVERVIEW

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 Lake Village, 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 over 7 years remaining in the primary term with six 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 14,579 SF building on 1.04-acre parcel is strategically positioned along Highway 65 South, which sees over 11,900 VPD, and is located within a Certified Opportunity Zone. Nearby retailers include McDonald’s, Church’s Chicken, Sullivan’s Grocery, Love’s Travel Stop, O’Reilly Auto Parts, FedEx Office and Dollar General. This is a great opportunity to purchase bite-sized single tenant retail asset in Arkansas with a corporate guaranty, 30 years in option periods, limited landlord responsibilities and rent increases providing worry free income.

FOR SALE DETAILS

PRICE

$1,112,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar/Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

-

APN/PARCEL ID

030-00108-001C

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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Jereme SnyderColliersMore Info
949-724-5552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.