Mr. Lube Oil Change & Car Wash | Long Term Triple Net (NNN)
$1,150,000
903 Northwest 2nd Street, Bentonville, AR 72712
For Sale
Special Purpose
Active
Last Updated: 10/11/2022
7
Cap Rate
80,500
NOI
Details:
Cap Rate: 7%
NOI: $80,500
Building Size: 3,666 sqft
Lot Area: 0.55 acres
Year Built: 1999
Price Per Sqft: $313.69
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
- Situated Near the Signalized Intersect ion of W Central Avenue and S Walton Boulevard With Traffic Counts Exceeding a Combined 51,616 VPD
- Located in an Affluent Neighborhood With a Population of 91,430 Residents Making an Average Household Income of $104,375 Within a 5-Mile Radius
- Bentonville is the Birthplace and World Headquarters For Walmart, Inc. , the World’s Largest Retailer; The Corporate Campus, Development Complex, Data Centers, Distribution Center, Associate Discount Store, Sign Shop, Fleet Maintenance and Warehouses Are All Located Adjacent to the Proper ty
- Due to Walmart ’s Presence, Over 1,100 Companies Conduct Business in the Area, Causing the Population to Explode, Making Bentonville One of the Top Places to Live and Work in the Country
- Bentonville is Home to a Growing Entrepreneurial Scene, With Co-Working Spaces and Startup Incubators Being Added Quickly Over the Last 5 Years
- Nearby Tenants Include: Sonic, Walmart Supercenter, McDonald’s, Subway, Chick-fil-A, O’Reilly Auto Parts, Merchant Labs and More
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,666 SF Mr. Lube Oil Change & Car Wash Located at 903 NW 2nd Street in Bentonville, AR. This Opportunity Includes a Long-Term Triple Net (NNN) Lease to Begin at Close of Escrow, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Arkansas, LLC - Lic. # PB00085157
Documents:
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Offering Memorandum |
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