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$1 Auction - REIT Sale-Former Dollar General 1408 Highway 67 S 8,295 SF Retail Building Tuckerman, AR 72473 $50,000 ($6.03/SF)
INVESTMENT HIGHLIGHTS
- ABSOLUTE $1 AUCTION | Former Dollar General | Built 1999 | AUCTION MARCH 2-4
- Former Dollar General with Open Floor, Rear Storage Room, and Side Door for Deliveries
- Strategic Highway Frontage and Visibility on US Highway 67 (State Hwy 367N) with Traffic Counts of 4,623 VPD
- 8,295 SF Freestanding Value-Add Retail on 0.9 Acres Available at Substantial Discount Below Replacement Cost
- Surrounding Traffic Generators: DG Market, Tuckerman High School, Shell, USPS, Tuckerman Elementary
- Attractive Demographics with Annual Household Income of ±$57,953 (5-Mile)
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building located at 1408 Highway 67, Tuckerman, Jackson County, Arkansas 72473 (the “Property”). Formerly occupied by Dollar General, the Property is being offered significantly below replacement cost, creating an excellent opportunity for owner-users or investors to secure a highly visible retail asset with direct highway frontage at a compelling basis. FIRST BID MEETS RESERVE!
Built in 1999, the Property consists of a ±8,295-square-foot, single-story free-standing retail building situated on ±39,235 square feet (±0.901 acres) with a concrete surface parking lot with 37 spaces. Constructed to modern design standards, the building features an open retail floor plan and a flexible footprint suitable for a wide range of commercial uses. The site is strategically positioned with ±150 feet of frontage along US Highway 67 (State Hwy 367) which sees approximately ±4,623 vehicles per day (VPD), ensuring visibility and accessibility. The Property was leased to Dollar General on a triple-net (NNN) basis and presents a value-add opportunity through lease-up at long-term market rates. Zoned Commercial District, the Property accommodates a wide range of commercial uses, enhancing its appeal to both a diverse variety of end-users and investors alike.
Tuckerman, Arkansas is a small city in Jackson County in northeastern Arkansas strategically located along U.S. Highway?67, providing regional connectivity between Little Rock and the Mississippi River markets. The local economy is anchored by forest products, agriculture, manufacturing, and related service industries, with lumber and wood processing having long been core economic drivers. The site is strategically located along US Highway 67 and approximately 7-miles west of I-57 ensuring strong visibility and accessibility for both local residents and regional traffic. The 10-mile trade area has approximately ±13,219 residents with an average household income (AHHI) of ±$52,619, underpinned by the county’s role in timber and retail trade.
Built in 1999, the Property consists of a ±8,295-square-foot, single-story free-standing retail building situated on ±39,235 square feet (±0.901 acres) with a concrete surface parking lot with 37 spaces. Constructed to modern design standards, the building features an open retail floor plan and a flexible footprint suitable for a wide range of commercial uses. The site is strategically positioned with ±150 feet of frontage along US Highway 67 (State Hwy 367) which sees approximately ±4,623 vehicles per day (VPD), ensuring visibility and accessibility. The Property was leased to Dollar General on a triple-net (NNN) basis and presents a value-add opportunity through lease-up at long-term market rates. Zoned Commercial District, the Property accommodates a wide range of commercial uses, enhancing its appeal to both a diverse variety of end-users and investors alike.
Tuckerman, Arkansas is a small city in Jackson County in northeastern Arkansas strategically located along U.S. Highway?67, providing regional connectivity between Little Rock and the Mississippi River markets. The local economy is anchored by forest products, agriculture, manufacturing, and related service industries, with lumber and wood processing having long been core economic drivers. The site is strategically located along US Highway 67 and approximately 7-miles west of I-57 ensuring strong visibility and accessibility for both local residents and regional traffic. The 10-mile trade area has approximately ±13,219 residents with an average household income (AHHI) of ±$52,619, underpinned by the county’s role in timber and retail trade.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,295 SF
Building Class
C
Year Built
1999
Price
$50,000
Price Per SF
$6.03
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.90 AC
Parking
37 Spaces (4.46 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 8,160 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,160 SF | Retail | - | Now |
1st Floor
| Size |
| 8,160 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 010-00142-024 | Improvements Assessment | $40,270 |
| Land Assessment | $5,010 | Total Assessment | $45,280 |
PROPERTY TAXES
Parcel Number
010-00142-024
Land Assessment
$5,010
Improvements Assessment
$40,270
Total Assessment
$45,280
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$1 Auction - REIT Sale-Former Dollar General | 1408 Highway 67 S
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