Available Properties
Dollar Tree – Stuttgart, AR
- 415 W Michigan St, Stuttgart, AR 72160
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $960,000
- 8.75%
- 5.26 Years
- NN
- Corporate Guarantee
Highlights
- High Performing Location, this site converted from a Family Dollar to a Dollar Tree back in 2016 and the lease was extended early in 2023 adding an additional 6 years to the lease.
- Lease is corporately guaranteed by Dollar Tree which is a Fortune 500 Company
- Landlord favorable NN Lease, Tenant is responsible for just about all maintenance and upkeep of the building.
- This site sees 6,200 VPD on W Michigan Street.
- Stuttgart is known as being a major producer of Rice, located within the Arkansas Delta which produces 50% of the Nations Rice.
- Stuttgart is known globally as the Duck Hunting Capital of the World
Sale Description
AMC Real Estate Investment Services is pleased to offer for sale this NN+ Leased Free Standing Dollar Tree in Stuttgart, AR. Family Dollar originally leased this property back in 2013 and it was converted to a Dollar Tree in 2016. Family Dollar Converted their less profitable locations to Dollar Trees in attempts to turn the sales around. It is safe to say this is a strong performer considering that Dollar Tree decided to sign an Early Lease Renewal in August of 2023. Stuttgart has strong industries that support their local economy and growing population.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
8,809 |
$67,118 |
|
5 Mile |
9,051 |
$67,690 |
|
10 Mile |
9,795 |
$68,729 |
