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126 W Bond Ave
West Memphis, AR 72301
NNN AR Dentistry & Braces in A+ Building · Office Property For Sale
PROPERTY FACTS
ABOUT 126 W BOND AVE , WEST MEMPHIS, AR 72301
This 4,292 SQUARE FOOT commercial building is OCCUPIED by ARKANSAS DENTISTRY & BRACES. They are on an initial 10 YEAR TERM that will expire Summer of 2024. Arkansas Dentistry & Braces has two, five year options with a 10% rent bump at each option. This investment property offers an NOI of $75,000/YR at a CAP Rate of 7.5%. This building is situated at the corner of W Bond Avenue and N Rhodes St, with visibility from W Broadway. This property neighbors First Baptist Church, multiple banks, multiple fast-food restaurants, and other auto repair retail. The site has exposure to 19,000 cars per day from W Broadway/HWY-70 and 13,000 cars per day from HWY-77. This intersection of HWY-70 & HWY-77 boast the highest traffic counts in West Memphis. Arkansas Dentistry & Braces operated 19 locations and then was acquired in 2017 by Rock Dental Brands. This lease is backed by a personal guarantee and Rock Dental Brands now operates over 60 locations.
PROPERTY TAXES
| Parcel Number | 355-505000-000 | Improvements Assessment | $162,192 |
| Land Assessment | $20,000 | Total Assessment | $182,192 |
PROPERTY TAXES
