4006 Towson Ave - Auto Dealership FOR SALE


Fort Smith, AR 72901
$934,529 USD
332-345-4222
4006 Towson Ave, Fort Smith, AR for Sale
$934,529 USD
Auto Dealership - FOR SALE
1/3
null | 7% Cap Rate

4006 Towson Ave
Fort Smith, AR 72901


HIGHLIGHTS

  • Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Corporate Guarantee (154+ Units)
  • Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2

OVERVIEW

NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 4006 Towson Ave in Fort Smith, Arkansas. The site consists of roughly 5,663 rentable square feet of building space on estimated 2.59-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $65,417 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.

FOR SALE DETAILS

PRICE

$934,529 USD

PRICE/SF

$165 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

America's Car-Mart

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.59 AC

LAND SF

112,820 SF

ZONING

-

APN/PARCEL ID

18883-0000-01697-00

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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