9324 AR-107 - Freestanding FOR SALE
Sherwood, AR 72120 |
$4,936,334 USD
858-373-3184
9324 AR-107
Sherwood, AR 72120
HIGHLIGHTS
- 15+ Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New Construction w/ Gas Station.
- Positioned Along Area’s Retail & Traffic Corridor: Features Easy Access and Excellent Visibility at a Signalized Hard Corner.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Lease features Rare Fuel Sales Reporting Clause for Bonus Depreciation.
- Tenant is the Largest Circle K Franchisee in the United States with more than 200 Locations Currently Operating.
OVERVIEW
Circle K w/ Gas Station | Long Term Absolute Net Lease | Qualifies for Accelerated Depreciation | Largest Circle K Franchisee in the United States | Signalized Hard Corner | Densely Populated & Affluent Area | Directly Across from Walmart Super-center
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: Pb000981339 | Steve.Greer@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$4,936,334 USD
PRICE/SF
$1,175 USD /SF
CAP RATE
7.04%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CIRCLE K W/ GAS | RARE 7% CAP | ABSOLUTE NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
30,928 SF
ZONING
Undesignated
APN/PARCEL ID
225-002-00-293-00
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858-373-3184
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858-373-3184
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