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1921 S Park Ave 5,000 SF Retail Building Stuttgart, AR 72160 $530,000 ($106/SF) 7% Cap Rate
Investment Highlights
- 1.31 ± Acres
- $530,000 ($106.00/SF)
- 5,000 SF
- Lease Expiration: 03/31/2033
Executive Summary
Fully-leased Fastenal property in Stuttgart, AR. Fastenal, a publicly traded company on NASDAQ 100 & S&P 500, boasts annual sales of nearly 5 billion. The location consists of a 5,000 SF metal building on approximately 1.31 ± acre, situated in a strong commercial corridor. The tenant recently executed a new 7-year NNN lease renewal. This investment opportunity promises excellent cash flow for investors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
B
Year Built
2006
Price
$530,000
Price Per SF
$106
Cap Rate
7%
NOI
$37,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.31 AC
Frontage
150’ on PARK AVE
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 074-00188-000 | Improvements Assessment | $49,836 |
| Land Assessment | $19,950 | Total Assessment | $69,786 |
Property Taxes
Parcel Number
074-00188-000
Land Assessment
$19,950
Improvements Assessment
$49,836
Total Assessment
$69,786
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1921 S Park Ave
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