606 Holly St - Freestanding FOR SALE


Mcgehee, AR 71654
$1,396,000 USD
949-724-5552
606 Holly St, Mcgehee, AR for Sale
$1,396,000 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

606 Holly St
Mcgehee, AR 71654


HIGHLIGHTS

  • Top 25% Ranked Performing Store in the State - Recently Remodeled
  • Ranked #143 on Fortune 500 – Publicly Traded Company (NASDAQ: DLTR) – $30B in Revenue
  • Investment Grade Credit Tenant – Rated BBB by S&P (Moody’s: Baa2)
  • Long Term Net Lease – 8 Years Remaining in Primary Term – Three 5-Year Option Periods
  • Inflation Resistant Cash Flows - $0.50 PSF Rent Increases Every 5 Years
  • 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 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.

FOR SALE DETAILS

PRICE

$1,396,000 USD

PRICE/SF

$133 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

undefined, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

-

APN/PARCEL ID

005-01423-002

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.