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Family Dollar (2023 Construction) 606 Holly St 8,000 SF Retail Building McGehee, AR 71654 $1,236,000 ($154.50/SF) 8.50% Cap Rate
Investment Highlights
- Double Net Lease with 6.6 Years Remaining
- 2023 Construction Featuring a Large 10,500 SF Freestanding Building on a 1.16-Acre Parcel
- National Discount Retailer With 4,300+ Locations and Strong Concentration Across the Rural Southeast
- Excellent Access and Visibility on Holly Street (5,094 VPD)
- Established Regional Trade Hub Serving Southeastern Arkansas
Executive Summary
Offered for sale is a Family Dollar in McGehee, Arkansas, a 8,000-SF freestanding store on a 1.16-acre parcel along Holly Street with strong visibility, consistent daily traffic, and convenient customer access. The building’s large-format footprint and ample parking support long-term usability, while the site benefits from consistent demand for essential goods within this established Delta community.
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
8,000 SF
Building Class
B
Year Built
1990
Price
$1,236,000
Price Per SF
$154.50
Cap Rate
8.50%
NOI
$105,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.16 AC
Frontage
210’ on HOLLY ST
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
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 | ||
|
|
Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 005-01423-002 | Improvements Assessment | $50,780 |
| Land Assessment | $3,840 | Total Assessment | $54,620 |
Property Taxes
Parcel Number
005-01423-002
Land Assessment
$3,840
Improvements Assessment
$50,780
Total Assessment
$54,620
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Family Dollar (2023 Construction) | 606 Holly St
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