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Family Dollar (US Highway 65 (9,377 VPD)) 1218 US-65 14,579 SF 100% Leased Retail Building Lake Village, AR 71653 $987,000 ($67.70/SF) 8.50% Cap Rate
Investment Highlights
- Double Net Lease with 5.7 Years Remaining
- Recent 2021 Construction on a Large 1.04-Acre Site
- US Highway 65 Location (9,377 VPD)
- National Discount Retailer With 4,300+ Locations and Strong Concentration Across the Rural Southeast
Executive Summary
Offered for sale is a Family Dollar in Lake Village, Arkansas, a 14,579-SF freestanding store constructed in 2021 and positioned on a 1.04-acre parcel along the high-traffic US-65 corridor. The site sits at a key Delta crossroads near the convergence of US-65, US-82, and US-278 and benefits from consistent regional travel, commuter activity, and strong visibility.
Broker of Record
Steve Greer
10527 Kentshire Court, Suite B
Baton Rouge, LA 70810
(225) 376-6729
Steve.Greer@marcusmillichap.com
License: PB00098133
Broker of Record
Steve Greer
10527 Kentshire Court, Suite B
Baton Rouge, LA 70810
(225) 376-6729
Steve.Greer@marcusmillichap.com
License: PB00098133
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,579 SF
Year Built
2021
Price
$987,000
Price Per SF
$67.70
Cap Rate
8.50%
NOI
$83,895
Percent Leased
100%
Building Height
1 Story
Building FAR
0.32
Lot Size
1.04 AC
Opportunity Zone
Yes
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 030-00108-001C | Improvements Assessment | $83,160 |
| Land Assessment | $12,110 | Total Assessment | $95,270 |
Property Taxes
Parcel Number
030-00108-001C
Land Assessment
$12,110
Improvements Assessment
$83,160
Total Assessment
$95,270
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