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Take 5 Oil Change 2214 W Walnut St 3,663 SF Retail Building Rogers, AR 72756 $2,222,217 ($606.67/SF) 6% Cap Rate
Investment Highlights
- Strong Corporate Guarantee
- Annual Rental Escalation
- Prime Location with National Tenants
- Long-Term 20-Year NNN Sale-Leaseback
Executive Summary
Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 2214 W Walnut St, Rogers, AR 72758. The site consists of roughly 3,663 rentable square feet of building space on an estimated 1.01-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $133,333 and has scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,663 SF
Building Class
C
Year Built
2003
Price
$2,222,217
Price Per SF
$606.67
Cap Rate
6%
NOI
$133,333
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.01 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-01053-003 | Improvements Assessment | $145,994 |
| Land Assessment | $105,113 | Total Assessment | $251,107 |
Property Taxes
Parcel Number
02-01053-003
Land Assessment
$105,113
Improvements Assessment
$145,994
Total Assessment
$251,107
Contacts
-
Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Gordon Pollock -
John McHugh -
Surmount
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Take 5 Oil Change | 2214 W Walnut St
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