2351 W Sunset Ave | Springdale, AR 72762
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- LoopNet Team
2351 W Sunset Ave
Springdale, AR 72762
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LONG TERM LEASE - There are just under 8 years remaining on the initial term of the lease. Which is followed by four, 5-year options.
- Between 2020 and 2021 the population of Fayetteville-Springdale-Rogers, AR-MO grew from 526,101 to 538,063, a 2.27% increase
- ZERO LANDLORD RESPONSIBILITY - Absolute Triple Net Lease. Zero Management responsibilities, perfect for buyers looking for a “hands-off” investment
- EXCELLENT DEMOGRAPHICS - Springdale is the 4th most populous city in Arkansas. 5 mile population count of nearly 105,000 people
- HIGH TRAFFIC COUNTS - Excellent visibility to 35,000+ vehicles in the immediate area from W Sunset Ave and Johnson Rd.
- RENTAL INCREASES - 7.5% Rental increases every five years during the base term and option periods
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,950 SF
Building Class
C
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.26 AC
Zoning
CI
Parking
26 Spaces (5.25 Spaces per 1,000 SF Leased)
Frontage
200’ on Sunset Ave Ave
AMENITIES
- Corner Lot
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 815-29000-000 | Improvements Assessment | $435,360 |
| Land Assessment | $63,120 | Total Assessment | $498,480 |
PROPERTY TAXES
Parcel Number
815-29000-000
Land Assessment
$63,120
Improvements Assessment
$435,360
Total Assessment
$498,480
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