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30 W Main St 2,000 SF Retail Building Farmington, AR 72730 $812,190 CAD ($406.09 CAD/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- Land and building on year to year lease
- 120+ ft of frontage on Main Street
EXECUTIVE SUMMARY
Leased to Thrive Affordable Vet Care, corporate lease, parent company has 360+ locations. Just under 2 years of primary term remains with two renewal options. This vet clinic has been servicing this trade area for over 35 years! Note: Tenant will not agree to a blend and extend or long term lease, just two year renewal options.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,000 SF
Building Class
C
Year Built/Renovated
1960/1997
Price
$812,190 CAD
Price Per SF
$406.09 CAD
Cap Rate
9%
NOI
$73,083 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.79 AC
Frontage
123’ on Main St
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Thrive
- Professional, Scientific, and Technical Services
- -
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Thrive | Professional, Scientific, and Technical Services | - | - | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 760-01550-000 | Improvements Assessment | $102,344 CAD |
| Land Assessment | $57,667 CAD | Total Assessment | $160,011 CAD |
PROPERTY TAXES
Parcel Number
760-01550-000
Land Assessment
$57,667 CAD
Improvements Assessment
$102,344 CAD
Total Assessment
$160,011 CAD
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30 W Main St
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