America's Car-Mart

Springdale, AR

Key Details

Price:$1,163,090
Cap Rate:7.25%
Annual Rent:$84,324
Address:1866 East Robinson Avenue, Springdale, Arkansas 72764
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:2.7 Years
Rental Increases:8.00% Option 1; 5.00% Option 2
Lot Size:1.81 Acres
Building Size:2,987 SF
Year Built:2010
NNN Pro is pleased to present the exclusive listing for a America's Car-Mart located at 1866 East Robinson Avenue, Springdale, Arkansas 72764. The site consists of roughly 2987 rentable square feet of building space on an estimated 1.81-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 $84,324 and has scheduled increases of 8.00% Option 1; 5.00% Option 2.

About the Investment

  • 8-Year Absolute Triple Net (NNN) Lease | This America's Car Mart is subject to an existing absolute triple-net lease with 2.8 years remaining. The lease has no landlord responsibilities.
  • Strong Corporate Guarantee | This lease is subject to a strong corporate guarantee from America's Car Mart, which is a 154-unit operator.
  • Strong Real Estate Fundamentals | The subject property is an oversized lot in a dense retail corridor.
  • Publicly Traded Company | America's Car Mart is a publicly traded company (NASDAQ: CRMT) with a market cap of roughly $400M.

Talk to the Pros

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Glen Kunofsky

gkunofsky@nnnpro.com
License: NY: 49KU1129178
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Francis Purritano

fpurritano@nnnpro.com
License: NY: 10401333619
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Walker Stevens

wstevens@nnnpro.com
License: NY: 10401381479
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Carlton St. Bernard

Broker of Record

Brian Brockman

Bang Realty-Arkansas, Inc
License: PB00082359
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.