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America's Car-Mart 1301 Military Rd 4,020 SF Retail Building Benton, AR 72015 $1,117,106 ($277.89/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 8-Year Absolute Triple Net (NNN) Lease
- Strong Real Estate Fundamentals
- Strong Corporate Guarantee
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for an America's Car-Mart located at 1301 Military Rd, Benton, AR 72015. The site consists of roughly 4,020 rentable square feet of building space on an estimated 1.49-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 $67,026 and has scheduled increases of 8.00% Option 1; 5.00% Option 2.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
4,020 SF
Building Class
C
Year Built
1990
Price
$1,117,106
Price Per SF
$277.89
Cap Rate
6%
NOI
$67,026
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.49 AC
Parking
65 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
180’ on Military Rd
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 805-15198-000 | Improvements Assessment | $20,255 |
| Land Assessment | $37,700 | Total Assessment | $57,955 |
PROPERTY TAXES
Parcel Number
805-15198-000
Land Assessment
$37,700
Improvements Assessment
$20,255
Total Assessment
$57,955
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America's Car-Mart | 1301 Military Rd
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