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Dollar Tree | NN Lease

$1,005,738

1620 Grand Avenue, Fort Smith, AR 72901

Active
Last Updated: 04/12/2021

8

Cap Rate

80,459

NOI

Details:
Cap Rate:    8%
NOI:    $80,459
Building Size:    7,927 sqft
Lot Area:    0.61 acres
Lease Type:    Double Net
Price Per Sqft:    $126.87
Year Built:    1997
Year Last Renovated:    2015
Highlights:
  • Strong Corporate Guarantee From Dollar Tree
  • Tenant Has Been at the Same Location Since 1997 – Showing Commitment to the Site
  • Conveniently Located Across From Darby Jr High School, Tilles Elementary and Flanked on Both Sides With Dense Retail, Fort Smith City and County Offices
  • Excellent Demographics – Over 52,336 Residents Making an Average Household Income of $42,095 Within a 3-Mile Radius of the Property
  • Within 10-Miles of the Property, the Population Grows to 139,698 Residents
  • Little Rock is Just 2 Hours Southeast From Fort Smith
  • Five Minutes From the AR and OK State Line, and the Fort Smith National Historic Site at Belle Isle Park Along the Arkansas River
  • Fort Smith is the 2nd Largest City in Arkansas and is the Principal City of the Fort Smith, Arkansas / Oklahoma MSA That Has Over 298,592 Residents
  • The City Was Established as a Western Frontier Military Post and is Well-Known For Migrants’ Settling of the “Wild West” in 1817; The US Marshals Service National Museum Opened in 2019 and is Just 1-Mile From the Property
  • Nearby Tenants Include: Pizza Hut, McDonald’s, Alon Gas Station, Taco Bell, Rent-A-Center, Dollar General, Little Caesars, Sherwin-Williams, O’Reilly Auto Parts, Yamaha, Salvation Army and Family Dollar
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,927 SF Dollar Tree Located at 1620 Grand Avenue in Fort Smith, AR. This Opportunity Includes a High Quality Corporate Guaranteed Tenant That Has Been at the Same Location Since 1997, Showing Commitment to the Site and Providing For a Secure Investment.

In Cooperation With Sands Investment Group Arkansas, LLC – Lic. # PB00085157

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