Benton, AR - 7 Brew Coffee
$1,300,000
1415 Military Road, Benton, AR 72015
5.58
Cap Rate
72,500
NOI
Details:
Description:
• Tenant recently executed a brand new 15-year lease with 3 (5-year) option periods to extend, demonstrating their commitment to the site
• Lease features 10% rental increases every 5 years throughout the initial term and option periods
• Property features brand new construction with the grand opening expected in November 2023
• Tenant pays for CAM, taxes, and maintains all aspects of the premises
• Landlord responsibilities limited to commcial liability insurance
• Ideal, management-free investment for a passive investor
• Nearby direct on/off ramp access to Interstate 30, a major commuter thoroughfare averaging 92,000 vehicles passing by daily
• Building is equipped with a drive-thru providing ease and convenience for consumers
• Nearby national/credit tenants include Walmart Supercenter, Kroger, The Home Depot, Big Lots, Goodwill, Tractor Supply Co., and more
• Strong tenant synergy promotes crossover shopping to the subject property
• More than 53,400 residents and 19,000 employees support the trade area
• $88,004 average household income
Location
Gallery