2319 Highway 267 S | Searcy, AR 72143
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2319 Highway 267 S
Searcy, AR 72143
SQRL Gas Station and C-Store · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 19 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue
- Gas Stations Offer Increased Depreciation Expenses *Consult Your CPA
- Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options
- Tenant in Process, Just Invested over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand "SQRL"
- Recent Updates ($223,000): New Floor, Paint the Interior, Exterior and Canopy, Branding With LED Signage, New Cabinetry, New LED Lights, Etc.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,798 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.95 AC
Parking
14 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
249’ on Highway 267
PROPERTY TAXES
| Parcel Number | 002-00474-000 | Improvements Assessment | $53,440 |
| Land Assessment | $3,920 | Total Assessment | $57,360 |
PROPERTY TAXES
Parcel Number
002-00474-000
Land Assessment
$3,920
Improvements Assessment
$53,440
Total Assessment
$57,360
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