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Family Dollar 1212 S Main St 10,500 SF Retail Building Leachville, AR 72438 $1,340,294 ($127.65/SF) 8.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Brand New 2024 Construction – ±10,500 SF store with modern prototype design
- Long-Term Lease – ±10 years initial term with six, 5-year renewal options, supporting durable income
- Tenant-Paid Expenses – Tenant responsible for property taxes, insurance, & interior maintenance; landlord obligations limited to structural components
- Corporate Backed lease guaranteed by Family Dollar Stores
- Attractive 8.50% Cap Rate – Offered at $1,340,294, presenting a compelling return profile
- Regional Draw – Strategically located to serve Leachville and the broader rural trade area, driving consistent foot traffic
EXECUTIVE SUMMARY
Introducing a premier net-lease investment opportunity in Leachville, Arkansas. This brand-new Family Dollar store, completed in 2024, features a modern prototype design tailored for operational efficiency and customer convenience. The property is secured by a corporate-backed lease guaranteed by Family Dollar Stores, ensuring long-term stability and predictable cash flow.
The initial lease term spans approximately 10 years, complemented by six additional 5-year renewal options, providing investors with durable income and extended control over the asset. With an attractive 8.50% cap rate and an offering price of $1,340,294, this property delivers a compelling return profile in today’s market. The tenant pays property taxes, insurance, and interior maintenance, leaving the landlord responsible only for structural components, minimizing ownership obligations.
Strategically positioned on South Main Street, the store serves as a regional draw for Leachville and the surrounding rural trade area, driving consistent foot traffic and reinforcing its role as a retail anchor in the community. This location benefits from proximity to major employment centers and regional thoroughfares, making it an ideal addition to any investment portfolio seeking stability and growth potential.
The initial lease term spans approximately 10 years, complemented by six additional 5-year renewal options, providing investors with durable income and extended control over the asset. With an attractive 8.50% cap rate and an offering price of $1,340,294, this property delivers a compelling return profile in today’s market. The tenant pays property taxes, insurance, and interior maintenance, leaving the landlord responsible only for structural components, minimizing ownership obligations.
Strategically positioned on South Main Street, the store serves as a regional draw for Leachville and the surrounding rural trade area, driving consistent foot traffic and reinforcing its role as a retail anchor in the community. This location benefits from proximity to major employment centers and regional thoroughfares, making it an ideal addition to any investment portfolio seeking stability and growth potential.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
B
Year Built
2024
Price
$1,340,294
Price Per SF
$127.65
Cap Rate
8.50%
NOI
$113,925
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.72 AC
Opportunity Zone
Yes
Zoning
C - General Commercial
Frontage
511’ on AR 351
AMENITIES
- Signage
- Wheelchair Accessible
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Family Dollar | 1212 S Main St
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