O’Reilly Auto Parts | NNN Lease
$850,000
201 East Johnson Avenue, Jonesboro, AR 72401
7.15
Cap Rate
6,400 sqft
Lot Area
Details:
Description:
Sands Investment Group is pleased to present this O’Reilly Auto Parts located in Jonesboro, Arkansas. There is ~4 Years Remain on the Lease.
•Modified NNN Lease with Minimal Landlord Responsibilities
•4 Years Remain on the Lease
•(4) x 5-Year Options to Renew
•5% Rent Increase at Options
•Excellent Visibility with 170ft of Street Frontage on E. Johnson Ave with Nearly 20,000 Vehicles Per Day
•Located 2 Miles from Arkansas State University with a Current Enrollment of 13,500+ Students and 1,500+ Employees
•Neighboring Tenants Include: Bill’s Fresh Market, Dollar General, Family Dollar, Exxon, St. Bernards Clopton Clinic, St. Bernards Medical Center and UAMS Family Medical Center
Listed In Cooperation with JDS Real Estate Services, Inc. Lic # PB00076638
Documents:
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Offering Memorandum
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Location
Gallery
