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Dollar Tree 415 W Michigan St 8,320 SF Retail Building Stuttgart, AR 72160 $1,273,982 CAD ($153.12 CAD/SF) 8.94% Cap Rate
Investment Highlights
- Double Net Lease | Minimal Landlord Responsibilities| Corporate Guarantee | S&P Credit Rating "BBB"
- Established Tenant With Over 12 Years Of Occupancy In The Space
- Stuttgart is Just 1 Hour to Little Rock, 40 Minutes to Pine Bluff, and Almost 2 Hours to Memphis, Tennessee
- The Store Was Built in 2014 as a Prototype Family Dollar That Was Converted to a Dollar Tree in August 2015
- Located on W Michigan St (Hwy 79) Between N Spring St and N Lowe St and Enjoys Access Points From All Three Roads
- Average Household Income Exceeds $63,000 Within a 5 Miles Radius
Executive Summary
Double Net Lease | Minimal Landlord Responsibilities| Corporate Guarantee | S&P Credit Rating "BBB"
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
8,320 SF
Building Class
B
Year Built
2013
Price
$1,273,982 CAD
Price Per SF
$153.12 CAD
Cap Rate
8.94%
NOI
$113,833 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.68 AC
Opportunity Zone
Yes
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | 074-01348-000 | Improvements Assessment | $75,179 CAD |
| Land Assessment | $23,174 CAD | Total Assessment | $98,353 CAD |
Property Taxes
Parcel Number
074-01348-000
Land Assessment
$23,174 CAD
Improvements Assessment
$75,179 CAD
Total Assessment
$98,353 CAD
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Dollar Tree | 415 W Michigan St
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