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Family Dollar (1.40-Acre Site) 1602 Main St 10,904 SF Retail Building Des Arc, AR 72040 $1,602,008 CAD ($146.92 CAD/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 with a variety store in Norfolk, Virginia, in the 1950s and later emerged as a dollar-store chain under the Only $1.00 banner in the 1980s. The business changed its name to Dollar Tree Stores in the 1990s, went public soon after, and later expanded further through acquisitions that included Family Dollar. Today, the company operates a wide network of stores across the United States and Canada, and its merchandise spans housewares, cleaning supplies, food and snacks, health and beauty items, toys, gifts, party supplies, stationery, and seasonal décor.
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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 | $99,751 CAD |
| Land Assessment | $10,143 CAD | Total Assessment | $109,894 CAD |
Property Taxes
Presented by
Family Dollar (1.40-Acre Site) | 1602 Main St
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