608 N Illinois St, Harrisburg, AR, 72432
Family Dollar
Key Information
Highlights
• Established Tenancy – Originally leased in November 2000, the property has supported more than two decades of continuous and successful operation
• Location – Positioned within the Jonesborough Metropolitan Statistical Area (MSA)—the fifth most populated city in Arkansas
• Lease Term – ±1 year remains on the current base lease term, with three 5-year extensions remaining. There are 10% rent increases at the beginning of each renewal period
• Roof & Structure – Landlord is responsible for upkeep of the roof and structural components of the exterior building
• Insurance – The tenant reimburses for the base insurance premium amount, while the landlord is responsible for the amount exceeding the base figure
• Property Taxes – The tenant reimburses for property taxes in the amount of the base lease year’s assessed value, while the landlord is responsible for the amount exceeding the base figure
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