1220 E Oak St - Auto Dealership FOR SALE
Conway, AR 72032 |
$1,117,500 USD
332-345-4222
1220 E Oak St
Conway, AR 72032
HIGHLIGHTS
- 8-Year Absolute Triple-Net (NNN) Lease | This investment is subject to an existing absolute triplenet lease with 3.3 years remaining
- Strong Corporate Guarantee | The lease will be subject to a strong corporate guarantee from America's Car-Mart which is a 154-unit operator.
- Publicly Traded Company | America's Car-Mart is a publicly traded company (NASDAQ: CRMT) with a market cap of roughly $350M.
- Conway Commons Shopping Center | The subject property is located across from Conway's largest shopping center with over 40 stores.
OVERVIEW
NNN Pro is pleased to present the exclusive listing for an
America's Car-Mart located at 1220 E Oak St, Conway, AR
72032. The site consists of roughly 4,335 rentable square feet of
building space on an estimated 1.531-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
$67,053 and has scheduled increases of 8.00% Option 1; 5.00%
Option 2.
FOR SALE DETAILS
PRICE
$1,117,500 USD
PRICE/SF
$258 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
America's Car Mart
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Dealership
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.53 AC
LAND SF
66,647 SF
ZONING
CI
APN/PARCEL ID
710-04825-018
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
332-345-4222
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
332-345-4222
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
