5900 S University Ave - Auto Dealership FOR SALE


Little Rock, AR 72209
$955,966 USD
332-345-4222
5900 S University Ave, Little Rock, AR for Sale
$955,966 USD
Auto Dealership - FOR SALE
1/2
null | 7% Cap Rate

5900 S University Ave
Little Rock, AR 72209


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 is pleased to present the exclusive listing for an America's Car-Mart located at 5900 South University Ave, Little Rock, AR 72209. The site consists of roughly 4,353 rentable square feet of building space on an estimated 1.453-acre parcel of land. This America's Car-Mart is subject to a 8 Years-year Triple Net (NNN) lease, which commenced 1/1/2020. The current annual rent is $66,918 and has scheduled increases of 8.00% Option 1; 5.00% Option 2.

FOR SALE DETAILS

PRICE

$955,966 USD

PRICE/SF

$220 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

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

-

APN/PARCEL ID

44L-165-00-012-00

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.