2893 Mckee Cir
Fayetteville, AR 72703
Retail Property For Sale

Fortis Net Lease is pleased to present a Service King Collision and Repair Center at 2893 N Mckee Circle in Fayetteville, AR. This Ten-Year Triple Net Lease has no landlord responsibilities. The lease features 3% annual rent increases as well as three, five-year options. The lease is guaranteed by Service King Inc., one of the top four national collision and repair chains. The location has a rare 5% percentage rent on all sales from this location The subject property is strategically located close to E College Avenue, a main thoroughfare of Fayetteville, with over 30,000 VPD. The property is situated in a retail and automotive corridor, surrounding retail tenants include Hobby Lobby, Big Lots, Goodwill, O'Reilly's, Mida and Enterprise Rent-A-Car. The surrounding area has over 118,000 residents within 5 miles and a 8.3% projected growth rate by 2024 within 5-miles. The average household income within 1 mile exceeds $77,000. Service King is a national collision repair company founded in 1976. Service King, through opening new stores and acquiring smaller repair chains, has grown to over 340 locations in 22 states. Global investment and advisory group Blackstone purchased majority ownership of Service King in July of 2014 and remain the majority owner.