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608 N Illinois St, Harrisburg, AR, 72432

Family Dollar
$475,000

Key Information

Cap Rate
10.1%
$ per SF
$60
Tot. SF
7,848
Year Built
2000
Term Remaining
±1.16 Yrs
Type
Retail
NOI
$48,000

Highlights

  • Established Tenancy – Originally leased in November 2000, the property has supported more than two decades of continuous and successful operation. The tenant’s long-standing presence reflects consistent business performance and underscores the property’s ability to sustain occupancy over time. This proven history demonstrates both tenant stability and the site’s enduring appeal as a retail destination.
  • Strategic Location – Positioned within the Jonesborough Metropolitan Statistical Area (MSA)—the fifth most populated city in Arkansas—the property benefits from a strong consumer market and active local economy. Its proximity to major thoroughfares, established retailers, and growing residential neighborhoods ensures excellent visibility, accessibility, and steady customer traffic. The surrounding area continues to experience commercial and residential expansion, supporting long-term market strength.
  • Lease Term – Approximately ±1.16 year remains on the current base lease term, offering investors a near-term opportunity to negotiate a renewal or extension. This timing allows for flexibility and provides a chance to secure continued stable income while evaluating future growth prospects.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # PB00084217 (AR)
MREIS AR Real Estate
1600 West End, Ste. 1500 Nashville, TN 37203