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    1218 82 Lake Village, AR

    For Sale
    $1,112,000

    Single-tenant retail property with corporate guaranty and rent increases.

    Property size:
    14,579 SF
    Lot size:
    1.04 Acres

    Property Features for 1218 82

    General Information

    Size
    14,579 SF
    Lot size
    1.04 Acres

    Source: Colliers Agent Jereme Snyder

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Net-Leased Retail Asset in Arkansas

    This single-tenant retail asset in Lake Village, AR, features a Family Dollar-Dollar Tree. The property is a recently renovated 14,579-square-foot building situated on a 1.04-acre parcel. The long-term net lease has over 7 years remaining in the primary term, with six 5-year option periods and $0.50 PSF rent increases every 5 years. The property is strategically positioned along Highway 65 South, which sees over 11,900 vehicles per day, and is located within a Certified Opportunity Zone. Nearby retailers include McDonald’s, Church’s Chicken, Sullivan’s Grocery, Love’s Travel Stop, O’Reilly Auto Parts, FedEx Office, and Dollar General. Dollar Tree, a publicly traded company, operates over 16,000 stores across the U.S. & Canada and employs over 200,000 associates.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Similar Places Nearby

    Sullivan's Grocery

    Map

    City
    Lake Village
    County
    Chicot
    State
    Arkansas
    Longitude
    -91.2817806
    Latitude
    33.3287278

    FAQs

    What type of property is this?
    Grocery and convenience store - Single-tenant retail property with corporate guaranty and rent increases.
    Where is this grocery and convenience store located?
    The property is located at 1218 82 Lake Village, AR.
    What is the asking price?
    The asking price for this property is $1,112,000.
    What are key features of this property?
    This property features: - Long-term net lease with over 7 years remaining and six 5-year options.; - Corporate guaranty from Dollar Tree (NASDAQ: DLTR), an investment-grade rated company (S&P: BBB).; - Rent increases of $0.50 PSF every 5 years, providing inflation-resistant cash flows.
    (949) 724-5552
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    Lake Village, AR
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1218 82 Lake Village, AR
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