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.
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Family Dollar Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.