415 W Michigan St - Department Store FOR SALE
Stuttgart, AR 72160 |
$940,000 USD
248-702-0288
415 W Michigan St
Stuttgart, AR 72160
HIGHLIGHTS
- Double Net Lease | Minimal Landlord Responsibilities| Corporate Guarantee | S&P Credit Rating "BBB"
- The Store Was Built in 2014 as a Prototype Family Dollar That Was Converted to a Dollar Tree in August 2015
- Established Tenant With Over 12 Years Of Occupancy In The Space
- Located on W Michigan St (Hwy 79) Between N Spring St and N Lowe St and Enjoys Access Points From All Three Roads
- Stuttgart is Just 1 Hour to Little Rock, 40 Minutes to Pine Bluff, and Almost 2 Hours to Memphis, Tennessee
- Average Household Income Exceeds $63,000 Within a 5 Miles Radius
FOR SALE DETAILS
PRICE
$940,000 USD
PRICE/SF
$113 USD /SF
CAP RATE
8.94%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar Tree
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.68 AC
LAND SF
29,621 SF
ZONING
-
APN/PARCEL ID
074-01348-000
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248-702-0288
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248-702-0288
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