Einstein Bros. Bagels
Fayetteville, AR
Key Details
| Price: | $1,427,000 |
|---|---|
| Cap Rate: | 6.00% |
| Annual Rent: | $85,632 |
| Address: | 1500 North College Avenue, Fayetteville, Arkansas 72703 |
| Property Type: | Retail |
| Lease Type: | Double Net (NN) |
Property Data
| Original Lease Term: | 28 Years |
|---|---|
| Lease Commencement: | 11/15/2010 |
| Lease Expiration: | 7/1/2039 |
| Lease Term Remaining: | 14.3 Years |
| Rental Increases: | 10.00% Every 5 Years |
| Lot Size: | 0.06 Acres |
| Building Size: | 3,063 SF |
| Year Built: | 2010 |
NNN Pro is pleased to present the exclusive listing for a Einstein Bros. Bagels located at 1500 North College Avenue, Fayetteville, Arkansas 72703. The site consists of roughly 3063 rentable square feet of building space on an estimated 0.06-acre parcel of land. This Einstein Bros. Bagels is subject to a 28-year Double Net (NN) lease, which commenced 11/15/2010. The current annual rent is $85,632 and has scheduled increases of 10.00% Every 5 Years.
About the Investment
- Early 15-Year Double-Net (NN) Lease Extension – Demonstrating Very Strong Commitment to this Location
- Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
- Two (2), Five (5)-Year Tenant Renewal Options
- Ranked #4 Location in the United States (#4 of 336) According to Placer.AI*
- 100% in Arkansas (#1 of 3)
- 99% Nationwide (#4 of 336)
Key Details
| Price: | $1,427,000 |
|---|---|
| Cap Rate: | 6.00% |
| Annual Rent: | $85,632 |
| Address: | 1500 North College Avenue, Fayetteville, Arkansas 72703 |
| Property Type: | Retail |
| Lease Type: | Double Net (NN) |
Property Data
| Original Lease Term: | 28 Years |
|---|---|
| Lease Commencement: | 11/15/2010 |
| Lease Expiration: | 7/1/2039 |
| Lease Term Remaining: | 14.3 Years |
| Rental Increases: | 10.00% Every 5 Years |
| Lot Size: | 0.06 Acres |
| Building Size: | 3,063 SF |
| Year Built: | 2010 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Anthony Bird
abird@nnnpro.com
License: NY: 10401306066
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.