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604 W Main St, Lavaca, AR, 72941

Family Dollar
$1,297,059

Key Information

Cap Rate
8.5%
$ per SF
$172
Tot. SF
8,000
Type
Retail
NOI
$110,250

Highlights

LEASE AND LOCATION

  • 2023 retrofit for Family Dollar
  • ±7.75 years remaining on an initial 10-year lease
  • Corporately guaranteed lease
  • Rent increases of $5,250 ($0.50 / SF) in all four, 5-year options
  • 10-mile population of ±42,229 residents
  • The subject property comes with a 20-year roof warranty
  • Average household income of $78,690 annually within a ±10-mile radius
  • Lavaca is located within the Fort Smith MSA and is ±15-mile East of downtown

TENANT HIGHLIGHTS

  • Family Dollar, a major national discount retailer with more than 8,000 stores across 48 states, has been acquired for roughly $1 billion by Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co.
  • Now operating as an independent company, Family Dollar benefits from both fresh capital and significant retail expertise. This backing is expected to accelerate store upgrades and drive operational improvements. With its proven value-focused model and strong presence in local communities, Family Dollar continues to serve as a resilient anchor tenant, positioned for sustained growth in the years ahead.

Photos

Location

Agents

Broker of Record

Kyle Matthews

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