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1600 Pike Ave
North Little Rock, AR 72114
Circle K · Retail Property For Sale
Investment Highlights
- 19 Years Remaining on Absolute Triple-Net (NNN) Lease
- Tenant is the Largest Circle K Franchisee in the United States with 200+ Locations
- Property Qualifies for 60 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
- 10 Percent Rental Increases Every Five Years
- 128,916 Residents and 218,189 Daytime Employees within a Five-Mile Radius - Growing Trade Area in the Little Rock MSA
- Signalized Hard Corner Location, Visible to Over 21,000 Cars per Day Along Pike Ave
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,600 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
C-2 - Commercial
Frontage
155’ on Pike Avenue
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 33N-257-00-072-00 | Improvements Assessment | $213,057 |
| Land Assessment | $23,000 | Total Assessment | $236,057 |
Property Taxes
Parcel Number
33N-257-00-072-00
Land Assessment
$23,000
Improvements Assessment
$213,057
Total Assessment
$236,057
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