Dollar Tree | NN Lease
$1,005,738
1620 Grand Avenue, Fort Smith, AR 72901
For Sale
Retail
Free Standing
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
Documents:
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Offering Memorandum |
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