Investment Overview
Fortis Net Lease is pleased to present the opportunity to acquire a Dollar Tree property located at 415 W Michigan St, Stuttgart, AR 72160. The property consists of an approximately 8,320-square-foot retail building situated on 0.68 acres in Stuttgart, Arkansas. Dollar Tree is a nationally recognized discount retailer offering a wide variety of everyday essentials, household goods, seasonal merchandise, and consumable products at value-oriented prices. The property benefits from its location along W Michigan Street, providing accessibility to local residents and surrounding communities.
The property is offered under a NN lease with a lease expiration in June 2030 and generates an annual net operating income (NOI) of $84,000. The investment provides an opportunity to acquire a retail property occupied by an established national discount retailer in an established Arkansas market. With its existing income stream, functional retail building, and accessible location, the property may appeal to investors seeking net lease investments with a recognizable tenant and defined remaining lease term.
Investment Highlights
- National retail tenant: Dollar Tree is a well-known discount retailer with an established presence across the United States.
- Established income stream: The property generates $84,000 in annual net operating income.
- NN lease structure: The property is leased under a NN lease, subject to the terms of the lease agreement.
- Functional retail building: The property features an approximately 8,320-square-foot retail building on 0.68 acres.
- Defined lease expiration: The current lease is scheduled to expire in June 2030.
- Accessible Stuttgart location: The property is situated along W Michigan Street in Stuttgart, Arkansas, serving the local community and surrounding trade area.