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Fresh Stop: Lonsdale, AR 7209 E Grand Ave 3,569 SF Retail Building Lonsdale, AR 72087 $10,062,200 CAD ($2,819.33 CAD/SF) 7.25% Cap Rate
Investment Highlights
- STRONG TENANT
- ZERO LANDLORD RESPONSIBILITIES
- LONG-TERM ABSOLUTE NNN LEASE WITH GUARANTY
Executive Summary
CBRE is pleased to offer for sale the 3,569 SF Fresh Stop fuel and convenience store located on 4.00 acres in Lonsdale, AR- a component of the Hot Springs, AR MSA.? At closing, Fresh Stop will execute an individual 20-year absolute NNN lease featuring a guaranty from Madison Capital Group LLC and 2.00% annual rent increases through the primary term and in each of the four, 5-year renewal options.?
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
3,569 SF
Building Class
B
Year Built
2022
Price
$10,062,200 CAD
Price Per SF
$2,819.33 CAD
Cap Rate
7.25%
NOI
$729,510 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
4.00 AC
Parking
28 Spaces (7.85 Spaces per 1,000 SF Leased)
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 100-00229-010 | Improvements Assessment | $196,169 CAD |
| Land Assessment | $31,402 CAD | Total Assessment | $227,571 CAD |
Property Taxes
Parcel Number
100-00229-010
Land Assessment
$31,402 CAD
Improvements Assessment
$196,169 CAD
Total Assessment
$227,571 CAD
Contacts
-
Christopher Bosworth -
Brian Pfohl -
Thomas Carr -
Cyrus Felfeli -
Nick Garavaglia -
Leah Lindell -
Abby Kelly -
Katie Goldberg -
Ty Grenier -
CBRE, Inc.
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Fresh Stop: Lonsdale, AR | 7209 E Grand Ave
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