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Splash-N-Dash Car Wash & Coin Laundry | Triple Net (NNN) Lease

$750,000

310 East New Hope Road, Rogers, AR 72758

Pending
Last Updated: 05/03/2021

7.25

Cap Rate

54,375

NOI

Details:
Cap Rate:    7.25%
NOI:    $54,375
Building Size:    4,036 sqft
Lot Area:    1.3 acres
Lease Type:    Triple Net
Year Built:    1998
Price Per Sqft:    $185.83
Roof & Structure:    Tenant’s Responsibility
HVAC:    Tenant’s Responsibility
Repairs & Maintenance:    Tenant’s Responsibility
Highlights:
  • Long Term 10 Year Triple Net (NNN) Lease to Begin at Close of Escrow
  • Zero Landlord Responsibilities
  • Seasoned Operator With Over 30 Years of Experience Working Within the Automotive Services Industry
  • Operator Has Been Successful in Acquiring Underperforming Automotive Businesses and Converting Them Into Profitable Locations
  • Located Along New Hope Road (the Main East West Corridor) That Sees Traffic Counts Over 19,765 Vehicles Per Day
  • Great Demographics With a Population of Over 86,985 Residents Making an Average Household Income of Over $90,487 Within a 5-Mile Radius
  • Less Than 10 Minutes From the Pinnacle Hills Promenade Shopping Center With National Tenants Like: Best Buy, T.J. Maxx, PetSmart, Bass Pro Shops, Target and Cabela’s
  • Top Employers in Benton County Include: Walmart, JB Hunt Transports Services, Rogers School District, Simmons Foods, McKee Foods, Tyson Foods and Mercy Health Systems; JB Hunt is Adding More Than 1,000 New Jobs Over the Next 2 Years
  • Rogers is Part of the Northwest Arkansas Metro Area and is One of the Fastest Growing Metro Areas in the Country; Rogers Was the Location of the First Walmart Store and the Headquarters is Located in Neighboring City of Bentonville Which is Just 6-Miles West
  • Nearby Tenants Include: Tyson Foods, O’Reilly Auto Parts, Walmart, Sonic, Family Dollar, Advance Auto Parts, U-Haul, Taco Bell, McDonald’s and More
Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 4,036 SF Splash-N-Dash Car Wash & Coin Laundry Located at 310 E New Hope Road in Rogers, Arkansas. This Opportunity Includes a Long-Term Triple Net (NNN) Lease to Begin at the Close of Escrow With Zero Landlord Responsibilities, Providing For a Secure Investment.



In Cooperation With Sands Investment Group Arkansas, LLC - Lic. # PB00085157

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