America's Car-Mart 1866 E Robinson Ave 2,987 SF Retail Building Springdale, AR 72764 $1,163,090 ($389.38/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 8-Year Absolute Triple Net (NNN) Lease
- Strong Real Estate Fundamentals
- Strong Corporate Guarantee
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for an America's Car-Mart located at 1866 East Robinson St, Springdale, AR 72764. The site consists of roughly 2,987 rentable square feet of building space on an estimated 1.81-acre parcel of land. This America's Car-Mart is subject to a 8 Years-year Triple Net (NNN) lease, which commenced 1/1/2020. The current annual rent is $84,324 and has scheduled increases of 8.00% option 1; 5.00% option 2.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,987 SF
Year Built
2010
Price
$1,163,090
Price Per SF
$389.38
Cap Rate
7.25%
NOI
$84,324
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.81 AC
Opportunity Zone
Yes
Parking
47 Spaces
Frontage
223’ on Thrush Street
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 815-30293-000 | Improvements Assessment | $117,010 |
| Land Assessment | $68,200 | Total Assessment | $185,210 |
