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America's Car-Mart 1301 Military Rd 4,020 SF Retail Building Benton, AR 72015 $1,552,766 CAD ($386.26 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 8-Year Absolute Triple Net (NNN) Lease
- Strong Real Estate Fundamentals
- Strong Corporate Guarantee
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for an America's Car-Mart located at 1301 Military Rd, Benton, AR 72015. The site consists of roughly 4,020 rentable square feet of building space on an estimated 1.49-acre parcel of land. This America's Car-Mart is subject to a 8 Years-year Triple Net (NNN) lease, which commenced 1/1/2020. The current annual rent is $67,026 and has scheduled increases of 8.00% Option 1; 5.00% Option 2.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
4,020 SF
Building Class
C
Year Built
1990
Price
$1,552,766 CAD
Price Per SF
$386.26 CAD
Cap Rate
6%
NOI
$93,165 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.49 AC
Parking
65 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
180’ on Military Rd
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 805-15198-000 | Improvements Assessment | $27,705 CAD |
| Land Assessment | $51,566 CAD | Total Assessment | $79,271 CAD |
PROPERTY TAXES
Parcel Number
805-15198-000
Land Assessment
$51,566 CAD
Improvements Assessment
$27,705 CAD
Total Assessment
$79,271 CAD
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America's Car-Mart | 1301 Military Rd
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