Family Dollar NN Lease Investment Dollar Store Arkansas

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Investment Offering

Tenant: Family Dollar | Texarkana, AR
Premises: 7,500 SF
Renewal Options:

Lease Expiration: 12/31/2023
Lease Type: NN
Rental Increases:

Sands Investment Group is Pleased to Exclusively Offer the Family Dollar NN Lease Investment Opportunity Located at 3909 Jefferson Avenue in Texarkana, Arkansas.

Strong Corporate Guarantee From Investment Grade Tenant
Tenant Currently Exercising Their 3rd Option of Lease Showing Commitment to the Site
In-Line Demographics With Over 63,332 Residents Within a 5-Mile Radius Making an Average Household Income of Over $59,621
Texarkana, AR and Its Twin City Texarkana, TX Form the Core of the Texarkana MSA Which Has a Total Population of 153,008 People
Easy Access to I-30 Which Runs North Into Little Rock and I-49 Which Runs South Into Shreveport, LA
Located Just Off the Corner of Jefferson Avenue and Arkansas Blvd (a Heavy Retail Corridor) With a Combined VPD of 26,217 Vehicles
The Red River Army Depot is a 15,375 Acre Facility Located 21 Miles West of the Property; RRAD Was Activated in 1941 to Create an Ammunition Storage Facility; However, Due to the Demands of World War II, the Mission Was Expanded to Include General Supply Storage and Tank Repair
Nearby Tenants Include: Old Tyme Burger Shoppe, Sonic Drive-In, E-Z Mart, Wells Fargo, Schlotzsky’s, CVS, Albertsons, Starbucks, Whataburger, Walgreens, Slim Chickens, Pizza Hut and More

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Tenant Overview

CHESAPEAKE, VA. July 6, 2015, Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores selling everything for $1 or less, announced that it has completed the acquisition of Family Dollar Stores, Inc., a leading national discount retailer offering name brands and quality, private brand merchandise. Dollar Tree, a Fortune 200 Company, now operates more than 15,237 stores across 48 states and five Canadian provinces. Stores operate under the brands of Dollar Tree, Family Dollar and Dollar Tree Canada.

Family Dollar offers a compelling mix of merchandise for the whole family. Ranging from an expanded assortment of refrigerated and frozen foods, health and beauty items to home décor and seasonal items, Family Dollar offers the lowest possible price, the name brand and quality private – brand merchandise customers need and use every day.

The average size of a Family Dollar store is approximately 7,000 square feet, and most stores are operated in leased facilities. This relatively small footprint allows the Company to open new stores in rural areas and small town, as well as in large urban neighborhoods. Within these markets, the stores are located in shopping centers or as free-standing building and all are convenient to the Company’s customer base.

Area Overview