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3610 E Kiehl Ave
Sherwood, AR 72120
ABS. NET 19 YR CAR WASH | BONUS DEPRECIATION · Retail Property For Sale
Investment Highlights
- 19 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 2% Annual Rental Increases throughout the Initial Term and Options.
- Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model.
- Densely Populated Affluent Area: Average Household Income of $85k+ within a 3-Mile Radius and over 80k People Residing within a 5-Mile Radius.
- Brand New 2024 High Quality Construction. Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Splash Car Wash is the Largest and Rapidly Growing Car Wash Operator in the State of Arkansas w/ over 40k Members and performs 750k+ Washes Annually.
- The Site Benefits from its Close Proximity to Downtown Little Rock - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,968 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.96 AC
Frontage
183’ on East Kiehl Avenue
Property Taxes
| Parcel Number | 23S-008-00-020-00 | Improvements Assessment | $368,874 |
| Land Assessment | $65,514 | Total Assessment | $434,388 |
Property Taxes
Parcel Number
23S-008-00-020-00
Land Assessment
$65,514
Improvements Assessment
$368,874
Total Assessment
$434,388
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