1005 S Walton Blvd - Car Washes FOR SALE
Bentonville, AR 72712 |
$5,511,296 USD
858-373-3184
1005 S Walton Blvd
Bentonville, AR 72712
HIGHLIGHTS
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
- Brand New 2023 High Quality Construction. Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model.
- Splash Car Wash is the Largest and Rapidly Growing Car Wash Operator in the State of Arkansas w/ over 40k Members and performs 750k+ Washes Annually.
- Less than a Mile from Walmart Global HQ - 350+ Acre Campus to support 14,000+ Employees - Recently unveiled Plans to fully Redevelop into a Campus.
- Densely Populated Affluent Area: Average Household Income of $117k+ within a 3-Mile Radius and over 115k People Residing within a 5-Mile Radius.
OVERVIEW
20 Year Absolute Net Lease Car Wash w/ favorable 1.5% Annual Increases | Brand New 2023 Construction | Qualifies for Accelerated Depreciation | Largest and Rapidly Growing Car Wash Operator in the State of Arkansas
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 Steve.Greer@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$5,511,296 USD
PRICE/SF
$923 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
ABS. NET 20 YR CAR WASH | BONUS DEPRECIATION
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.08 AC
LAND SF
47,045 SF
ZONING
Commercial
APN/PARCEL ID
01-20308-000
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858-373-3184
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858-373-3184
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