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.