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Starbucks 2220 E Parkway 1,834 SF 4-Star Retail Building Russellville, AR 72802 $1,650,000 ($899.67/SF) 5.08% Cap Rate



Executive Summary
Prime investment with an established double net lease with a new 5 year extension just executed. New Roof completed February 2024
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,834 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2007
Price
$1,650,000
Price Per SF
$899.67
Cap Rate
5.08%
NOI
$83,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.51 AC
Opportunity Zone
Yes
Zoning
Commercial - Zoned C-1
Parking
21 Spaces (11.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Drive Thru
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 863-97001-000C | Improvements Assessment | $61,850 |
| Land Assessment | $71,870 | Total Assessment | $133,720 |
Property Taxes
Parcel Number
863-97001-000C
Land Assessment
$71,870
Improvements Assessment
$61,850
Total Assessment
$133,720
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Starbucks | 2220 E Parkway
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