1555 E Main St - Freestanding FOR SALE


Booneville, AR 72927
$2,500,000 USD
630-570-2200
1555 E Main St, Booneville, AR for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/5
null | 7% Cap Rate

1555 E Main St
Booneville, AR 72927


HIGHLIGHTS

  • New Roof in 2017 with 15 Year Transferable Warranty
  • Fully Occupied by Investment Grade Credit Tenants (NASDAQ: TSCO & NASDAQ: DLTR BBB from S&P Global Ratings)
  • New Early 7 Year Lease Extension from Tractor Supply & Early 5 Year Lease Extension from Dollar Tree
  • Priced Well Below Replacement Cost at $71.68 per Square Foot
  • Robust Customer Base in the Arkansas River Valley

OVERVIEW

New Roof in 2017 with 15 Year Transferable Warranty - A new owner will benefit from reduced maintenance costs as there will be no immediate repairs or replacements needed to two of the most significant landlord responsible items at the subject property. - Additionally, both tenants will continue to benefit from enhanced curb appeal, fewer maintenance expenses, and reduced disruptions to their business. New Early 7 Year Lease Extension from Tractor Supply & Early 5 Year Lease Extension from Dollar Tree - Dollar Tree extended their lease early in February 2025 for their third extension period, demonstrating their long-term commitment to the site. - Tractor Supply extended their lease early in February 2025 for an additional 7 years as they neared the end of their original 10-year lease term.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply & Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

196

LAND DETAILS

LAND ACRES

5.47 AC

LAND SF

238,273 SF

ZONING

-

APN/PARCEL ID

800-00184-000

ASK ABOUT THIS PROPERTY

Dominic SuloMarcus & MillichapMore Info
630-570-2200

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Dominic SuloMarcus & MillichapMore Info
630-570-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.