Fred’s Super Dollar Pharmacy – Mayflower, AR

Property Description

Fred’s Mayflower AR Package    Highlights: New 12 Year lease commenced January 2012, Three 5-year options with rental escalations for each option period.  NN Lease with tenant responsible for utilities, interior maintenance, reimbursing for property taxes and insurance.  Tenant pays Landlord a CAM fee of $5764/year.  Landlord responsible for grounds maintenance, exterior of demised premises, Roof, and HVAC during first 12 months and option period.  Annual Rent for primary term: $152,118.  16,799 square feet, new construction, build to suit, freestanding building on 1.79ac.  Excellent highway frontage in the heart of town.

About Town: Mayflower, AR is a city in Faulkner County, Arkansas and part of the Little Rock– North Little Rock– Conway Metropolitan Area.  In 2006, Mayflower was certified as an “Arkansas Community of Excellence” by the Arkansas Department of Economic Development.  Mayflower’s population has seen a 37% rise since 2000 and was approximately 2,300 in 2010.  Mayflower is a market where Fred’s should thrive with little competition in a growing market.

 

General Info

Category: Recent/Closed Projects

Type:

Price: $1,789,629

Address: 652 Highway 365, Mayflower, AR 72106

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