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Family Dollar (1.40-Acre Site) 1602 Main St 10,904 SF Retail Building Des Arc, AR 72040 $1,155,000 ($105.92/SF) 8.50% Cap Rate
Investment Highlights
- Double Net Lease with 4.9 Years Remaining
- Recent 2021 Construction on a Large 1.40-Acre Site
- National Discount Retailer With 4,300+ Locations and Strong Concentration Across the Rural Southeast
- Main Street Location With 2,798 VPD Near Des Arc High School (636 Students)
- Located 50 Miles East of Little Rock With Direct Regional Connectivity
Executive Summary
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
Amenities
- Corner Lot
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
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Dollar Tree began in 1986 as Only $1.00, building on a Norfolk variety-store heritage that later helped shape the business. The company focuses on discount variety retail, selling consumable, seasonal, and general merchandise such as housewares, food, health and beauty products, toys, party supplies, stationery, and crafts. After the Family Dollar sale, Dollar Tree operates as a focused North American value retailer with a large store network, a national logistics system, and an expanding multi-price assortment and online ordering options.
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- Retailer
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Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - | ||
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Retailer | - | - | - |
Property Taxes
| Parcel Number | 705-00831-000 | Improvements Assessment | $70,910 |
| Land Assessment | $7,210 | Total Assessment | $78,120 |
Property Taxes
