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Dollar Tree NNN Property
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1620 Grand Avenue, Fort Smith, AR 72901

Corporate-guaranteed occupancy includes three five-year renewal options and a net lease structure.

Property SizeContact for details
Days on Market145

Property Features for 1620 Grand Avenue

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #CA License No. 01912215
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 5:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This fee-simple NNN property includes the land and building occupied by Dollar Tree Stores, Inc. The corporate-guaranteed lease has 6 years remaining and provides 3 (5-year) extension options. Scheduled rental increases occur at the start of each option period, while landlord obligations are limited to the foundation, roof, floor slab, and structural components.

The property is located at 1620 Grand Avenue in Fort Smith, Arkansas, approximately a quarter mile east of downtown. Grand Avenue leads directly into the downtown area, near the Fort Smith Convention Center and multiple hotels. The site is also 2 miles east of the University of Arkansas - Fort Smith, a 168-acre campus with more than 6,600 students. The surrounding 5-mile trade area includes over 68,100 residents.

Key Highlights

  • Fee‑simple ownership includes the land and building
  • Dollar Tree Stores, Inc. provides a corporate guarantee
  • 6 years remain on the current lease term

Property Analytics

Current Use

Dollar Tree Discount Store

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store Electrical Service Florist Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

970
Businesses Nearby
88k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 65% Shops & Services 34% Electronics 1%
McDonald's Dining
27,393 visits/mo 0.3 miles
Taco Bell Dining
16,958 visits/mo 0.3 miles
Little Caesars Pizza Dining
10,092 visits/mo 0.4 miles
Dollar Tree Shops & Services
9,972 visits/mo 0.1 miles
Dollar General Shops & Services
7,183 visits/mo 0.1 miles

Demographics for 72901, AR

20,973
Population
10,337
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
2,411
Density / Sq Mi
$42,568
Median Household Income
$30,582
Median Earnings
$837
Median Rent
$113,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-guaranteed occupancy includes three five-year renewal options and a net lease structure.
Where is this nnn property located?
The property is located at 1620 Grand Avenue Fort Smith, AR.
What are key features of this property?
This property features: Fee‑simple ownership includes the land and building; Dollar Tree Stores, Inc. provides a corporate guarantee; 6 years remain on the current lease term
(480) 221-4221 Call to check price and availability
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