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- LoopNet Team
309 Roya Ln
Bryant, AR 72022
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
ABOUT 309 ROYA LN , BRYANT, AR 72022
FINANCIALS PROPERTY DESCRIPTION Year Built/Renovated 1997 Gross Leasable Area 10,508 SF Zoning Commercial Type of Ownership Fee Simple Lot Size 1.09 Acres LEASE SUMMARY Property Subtype Net Leased Child Care Tenant Bright Ideas Enrichment Center Rent Increases 1% Every Year Guarantor Private Guarantee Lease Type Absolute Net Lease Commencement 8/23/2019 Lease Expiration 8/31/2034 Lease Term 15 Term Remaining on Lease (Years) 14.8 Renewal Options 2(2) Five Year Options Right of First Refusal/Other No RENT SCHEDULE YEAR ANNUAL RENT MONTHY RENT RENT/SF CAP RATE Current $173,177 $14,431 $16,48 7.75% 2020 $174,909 $14,576 $16.65 7.83 2021 $176,658 $14,722 $16.61 7.90 2022 $178,425 $14,869 $16.98 7.96 2023 $180,209 $15,017 $17.15 8.06 2024 $182,011 $15,168 $17.32 8.14 2025 $183,831 $15,319 $17.49 8.23
PROPERTY TAXES
| Parcel Number | 840-12128-008 | Improvements Assessment | $165,256 |
| Land Assessment | $18,992 | Total Assessment | $184,248 |
PROPERTY TAXES
