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Fresh Stop: Lonsdale, AR 7209 E Grand Ave 3,569 SF Retail Building Lonsdale, AR 72087 $7,331,400 ($2,054.19/SF) 7.25% Cap Rate
Investment Highlights
- STRONG TENANT
- ZERO LANDLORD RESPONSIBILITIES
- LONG-TERM ABSOLUTE NNN LEASE WITH GUARANTY
Executive Summary
CBRE is pleased to offer for sale the 3,569 SF Fresh Stop fuel and convenience store located on 4.00 acres in Lonsdale, AR- a component of the Hot Springs, AR MSA.? At closing, Fresh Stop will execute an individual 20-year absolute NNN lease featuring a guaranty from Madison Capital Group LLC and 2.00% annual rent increases through the primary term and in each of the four, 5-year renewal options.?
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
3,569 SF
Building Class
B
Year Built
2022
Price
$7,331,400
Price Per SF
$2,054.19
Cap Rate
7.25%
NOI
$531,527
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
4.00 AC
Parking
28 Spaces (7.85 Spaces per 1,000 SF Leased)
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 100-00229-010 | Improvements Assessment | $142,930 |
| Land Assessment | $22,880 | Total Assessment | $165,810 |
Property Taxes
Parcel Number
100-00229-010
Land Assessment
$22,880
Improvements Assessment
$142,930
Total Assessment
$165,810
Contacts
-
Christopher Bosworth -
Brian Pfohl -
Thomas Carr -
Cyrus Felfeli -
Nick Garavaglia -
Leah Lindell -
Abby Kelly -
Katie Goldberg -
Ty Grenier -
CBRE, Inc.
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Fresh Stop: Lonsdale, AR | 7209 E Grand Ave
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