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Whistle Express 2207 E Main St 4,629 SF 100% Leased Retail Building Russellville, AR 72802 $2,356,575 ($509.09/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Over 24 Years Remaining | True Triple Net Lease
- Lease Guaranteed By Whistle Express | Largest Car Wash Operator In America
- Bonus Depreciation
- Strong Academic Presence
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Whistle Express located at 2207 Main St, Russellville, AR. The site consists of roughly 4,629 rentable square feet of building space on an estimated 1.71-acre parcel of land. The current annual rent is $147,286 and has scheduled increases of 1.90% Annually Beginning 1/1/2030.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,629 SF
Building Class
C
Year Built
2016
Price
$2,356,575
Price Per SF
$509.09
Cap Rate
6.25%
NOI
$147,286
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
1.71 AC
Opportunity Zone
Yes
Frontage
243’ on Main St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 863-30138-000C | Improvements Assessment | $149,710 |
| Land Assessment | $125,470 | Total Assessment | $275,180 |
PROPERTY TAXES
Parcel Number
863-30138-000C
Land Assessment
$125,470
Improvements Assessment
$149,710
Total Assessment
$275,180
CONTACTS
-
Glen Kunofsky -
Edward Otocka -
James Westerberg -
Gordon Pollock -
Christopher Marks -
Surmount
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Whistle Express | 2207 E Main St
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