2319 Highway 267 S - Convenience Store FOR SALE
Searcy, AR 72143 |
2319 Highway 267 S
Searcy, AR 72143
HIGHLIGHTS
- 19 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options
- Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue
- Tenant in Process, Just Invested over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand "SQRL"
- Gas Stations Offer Increased Depreciation Expenses *Consult Your CPA
- Recent Updates ($223,000): New Floor, Paint the Interior, Exterior and Canopy, Branding With LED Signage, New Cabinetry, New LED Lights, Etc.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
SQRL Gas Station and C-Store
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Service Station, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
3000
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
002-00474-000
