1743 E Centerton Blvd
Centerton, AR 72712
Retail Property For Sale

Newly constructed Firestone store with 15-year NNN lease with 5% rent increases every 5 year starting at year 6. There are five (5) 5-year lease renewal options. Tenantis responsible for all expense and maintenance at the property including taxes and insurance. Firestone corporately guarantees the lease and is an investment grade tenant with ah S&P rating of A. This offering represents an ideal oppportunity for a 1031 exchange buyer or a "passive" investor. This passive investment offers buyers a secure investment with no landlord responsibilities and rent guaranteed by a stable, recession and e-commerce resistant tenant. This seller is a trusted Firestone developer with a meticulous construction and transaction process that makes these transactions extremely smooth and reliable. They have successfully delivered nearly 200 retail locations over 10+ years. The City of Centerton in Benton County, Arkansas is just 4 miles west of Bentonville and 6 miles west of Intersate 49. Centerton is a residential suburb of Bentonville with a population of 47,093. Northwest Arkansas is the 24th fastest-growing metro area in the U.S. and is home to 3 Fortune 500 Companies (Walmart, Tyson Foods and J.B. Hunt). This has drawn other companies to establish offices in the region. This area of Arkansas is projected to have the nation's third fastest growning economy through 2020, only trailing Austen, TX and Raleigh,NC. The proposed site is located in eastern Centerton in an area of new commercial development including Walmart Neighborhood Market, Starbucks, and Taco Bell. Ongoing development includes a new Waffle House within a quarter mile of the site as well as an adjacent car wash.