323 Slack St - Car Washes FOR SALE
Pea Ridge, AR 72751 |
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
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CAP RATE
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% LEASED
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TENANCY
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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
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PARKING SPACES
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LAND DETAILS
LAND ACRES
1.13 AC AC
LAND SF
49,223 SF
ZONING
-
APN/PARCEL ID
13-03564-000
