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AT&T - Crossett, Arkansas 914 Unity Rd 1,800 SF Retail Building Crossett, AR 71635 $900,000 ($500/SF) 6.67% Cap Rate
Investment Highlights
- Lease Guaranteed by Prime Comms Retail LLC: Largest AT&T Authorized Retailer in the United States
- Frontage to Highway 82 (Unity Road)
- Outparcel to Walmart Supercenter
- Triple-Net Lease
Executive Summary
Marcus & Millichap is pleased to exclusively offer for sale a freestanding AT&T store operated by Prime Communications, the largest AT&T Authorized Retailer in the United States. The subject property is located at 914 Unity Road in Crossett, Arkansas. The AT&T features a triple-net lease, with landlord responsibilities only consisting of roof and structure repair/replacement. This 1,800-square-foot, freestanding building fronts Highway 82, which sees 8,500 vehicles per day. The AT&T site is located in front of a Walmart Supercenter and is adjacent to a Popeyes restaurant.
The lease commenced in 2016 and the current term extends through 2027. The tenant has four two-year renewal options with two percent increases per renewal option. The lease is guaranteed by Prime Comms Retail, LLC, the largest AT&T authorized retailer in the nation (2,000 locations).
The lease commenced in 2016 and the current term extends through 2027. The tenant has four two-year renewal options with two percent increases per renewal option. The lease is guaranteed by Prime Comms Retail, LLC, the largest AT&T authorized retailer in the nation (2,000 locations).
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
1,800 SF
Year Built
2016
Price
$900,000
Price Per SF
$500
Cap Rate
6.67%
NOI
$60,000
Tenancy
Single
Building Height
1 Story
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- AT&T
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| AT&T | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 706-02753-014 | Improvements Assessment | $44,540 |
| Land Assessment | $14,220 | Total Assessment | $58,760 |
Property Taxes
Parcel Number
706-02753-014
Land Assessment
$14,220
Improvements Assessment
$44,540
Total Assessment
$58,760
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AT&T - Crossett, Arkansas | 914 Unity Rd
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