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1600 S Elmira Ave
Russellville, AR 72802
SQRL Gas Station and C-Store · Retail Property For Sale
Investment Highlights
- 19 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- The Lease is Corporately Signed By the Parent Company With 139 Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations
- Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue
- Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options
- Tenant in Process and Just Invested Over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand "SQRL"
- Gas Stations Offer Increased Depreciation Expenses *Consult Your CPA
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,275 SF
Building Class
C
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.50 AC
Zoning
C - Commercial
Parking
12 Spaces (5.27 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 859-00051-001C | Improvements Assessment | $40,670 |
| Land Assessment | $4,560 | Total Assessment | $45,230 |
Property Taxes
Parcel Number
859-00051-001C
Land Assessment
$4,560
Improvements Assessment
$40,670
Total Assessment
$45,230
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