142 Main St - Car Washes FOR SALE
Farmington, AR 72730 |
$5,344,071 USD
858-373-3184
142 Main St
Farmington, AR 72730
HIGHLIGHTS
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
- Brand New 2025 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.
- Minutes from the University of Arkansas - the Largest University in the State with 27k+ Students Enrolled.
- Immediate Area Experiencing Major Growth: The City of Farmington, part of Fayetteville, has been Ranked Among the Nation’s Fastest-Growing Places.
OVERVIEW
20 Year Absolute Net Lease Car Wash w/ favorable 1.5% Annual Increases | Brand New 2025 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
$5,344,071 USD
PRICE/SF
$895 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
ABS. NET 20 YR CAR WASH | BONUS DEPRECIATION
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
ADD'L SUBTYPES
Service Station, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.31 AC
LAND SF
100,624 SF
ZONING
-
APN/PARCEL ID
760-01119-000,760-01120-000,760-01121-000,760-01122-000,760-01123-000,760-01124-000,760-01126-000,760-01127-000
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858-373-3184
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858-373-3184
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