America's Car-Mart
Little Rock, AR
Key Details
| Price: | $955,966 |
|---|---|
| Cap Rate: | 7.00% |
| Annual Rent: | $66,918 |
| Address: | 5900 South University Avenue, Little Rock, Arkansas 72209 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 8 Years |
|---|---|
| Lease Commencement: | 1/1/2020 |
| Lease Expiration: | 12/31/2027 |
| Lease Term Remaining: | 3.2 Years |
| Rental Increases: | 8.00% Option 1; 5.00% Option 2 |
| Lot Size: | 1.45 Acres |
| Building Size: | 4,353 SF |
| Year Built: | 1994 |
NNN Pro is pleased to present the exclusive listing for a America's Car-Mart located at 5900 South University Avenue, Little Rock, Arkansas 72209. The site consists of roughly 4353 rentable square feet of building space on an estimated 1.45-acre parcel of land. This America's Car-Mart is subject to a 8-year Triple Net (NNN) lease, which commenced 1/1/2020. The current annual rent is $66,918 and has scheduled increases of 8.00% Option 1; 5.00% Option 2.
About the Investment
- Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Corporate Guarantee (154+ Units)
- Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
Key Details
| Price: | $955,966 |
|---|---|
| Cap Rate: | 7.00% |
| Annual Rent: | $66,918 |
| Address: | 5900 South University Avenue, Little Rock, Arkansas 72209 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 8 Years |
|---|---|
| Lease Commencement: | 1/1/2020 |
| Lease Expiration: | 12/31/2027 |
| Lease Term Remaining: | 3.2 Years |
| Rental Increases: | 8.00% Option 1; 5.00% Option 2 |
| Lot Size: | 1.45 Acres |
| Building Size: | 4,353 SF |
| Year Built: | 1994 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Francis Purritano
fpurritano@nnnpro.com
License: NY: 10401333619
Walker Stevens
wstevens@nnnpro.com
License: NY: 10401381479
Carlton St. Bernard
cstbernard@nnnpro.com
License:
Broker of Record
Brian Brockman
Bang Realty-Arkansas, Inc
License: PB00082359
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.