1212 Main St Leachville, AR 72438

This exceptional investment opportunity presents a brand-new, 10,500 square foot Family Dollar/Dollar Tree combo store in Leachville, Arkansas. Located at 1212 Main St, 72438, this fee-simple property boasts a 10-year net lease (NN+) with a credit-rated corporate guarantor, commencing March 1, 2024, and expiring February 28, 2034. The property features six five-year renewal options, with a $0.50 per square foot rent increase at each option. The current asking price is $1,519,000, representing a compelling 7.50% cap rate and a price per square foot of $144.67. The property sits on a 0.9-acre lot and offers excellent highway visibility and convenient ingress/egress. With a strong NOI of $113,925 and 100% occupancy, this investment is ideal for those seeking a stable, high-return asset. The property's dual branding provides consumers with a wide selection, enhancing its appeal and profitability. The building was constructed in 2024 and includes a concrete parking lot. This is an excellent 1031 exchange opportunity. The strong tenant, combined with the long-term lease and built-in rent increases, makes this a truly attractive investment. The one-mile population is approximately 2,659.