This Property is no longer advertised on Showcase.com.
Off Market
1/9

323 Slack St
Pea Ridge, AR 72751


HIGHLIGHTS

  • 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 2% Annual Rental Increases throughout the Initial Term and Options.
  • Brand New 2024 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 Walmart Global HQ - 350+ Acre Campus to support 14,000+ Employees - Recently unveiled Plans to fully Redevelop into a Campus.
  • Affluent Area: Features an Average Household Income of more than $109k within a 5-Mile Radius.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

ABS. NET 20 YR CAR WASH | BONUS DEPRECIATION

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

5150

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.13 AC AC

LAND SF

49,223 SF

ZONING

-

APN/PARCEL ID

13-03564-000