1602 Main St - Freestanding FOR SALE


Des Arc, AR 72040
$1,155,000 USD
972-755-5205
1602 Main St, Des Arc, AR for Sale
$1,155,000 USD
Freestanding - FOR SALE
1/4
null | 8.5% Cap Rate

1602 Main St
Des Arc, AR 72040


HIGHLIGHTS

  • Double Net Lease with 4.9 Years Remaining
  • Main Street Location With 2,798 VPD Near Des Arc High School (636 Students)
  • Recent 2021 Construction on a Large 1.40-Acre Site
  • Located 50 Miles East of Little Rock With Direct Regional Connectivity
  • National Discount Retailer With 4,300+ Locations and Strong Concentration Across the Rural Southeast

OVERVIEW

Offered for sale is a Family Dollar in Des Arc, Arkansas, a 2021-constructed, 10,904-SF freestanding store on a large 1.40-acre parcel along the city’s primary local corridor near Des Arc High School. The property benefits from steady residential and school-related traffic and strong visibility within the county seat, which sits between Little Rock and Memphis with direct connectivity provided by US-70 and US-64. Broker of Record Steve Greer 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 (225) 376-6729 Steve.Greer@marcusmillichap.com License: PB00098133

FOR SALE DETAILS

PRICE

$1,155,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar (1.40-Acre Site)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

705-00831-000

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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