2007 N Main St - Freestanding FOR SALE


Brinkley, AR 72021
$1,745,450 USD
586-945-9960
2007 N Main St, Brinkley, AR for Sale
$1,745,450 USD
Freestanding - FOR SALE
1/7
null | 5.5% Cap Rate

2007 N Main St
Brinkley, AR 72021


HIGHLIGHTS

  • New 20 year sale leaseback.
  • Zero landlord responsibilites.
  • Store opening in December 2024.

OVERVIEW

Fortis Net Lease is pleased to present a free-standing Taco Bell located in Brinkley, AR. At Close of Escrow, K-MAC Enterprises will sign a new 20-year lease which will expire in December 2049. The absolute NNN lease will require zero landlord responsibilities and will include 1% annual rent increases to hedge against inflation. These rent escalations are also included in the four, five-year option periods. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC

FOR SALE DETAILS

PRICE

$1,745,450 USD

PRICE/SF

$675 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

6.84 AC

LAND SF

297,950 SF

ZONING

Commercial

APN/PARCEL ID

1147-02391-004

ASK ABOUT THIS PROPERTY

Doug PassonFortis Net LeaseMore Info
586-945-9960

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Doug PassonFortis Net LeaseMore Info
586-945-9960

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.