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1005 S Walton Blvd - ABS. NET 19 YR CAR WASH | BONUS DEPRECIATION

5,968 SF Specialty Building Offered at $5,593,971 at a 7% Cap Rate in Bentonville, AR 72712

Investment Highlights

  • 19 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
  • Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model.
  • Less than a Mile from Walmart Global HQ - 350+ Acre Campus to support 14,000+ Employees - Recently unveiled Plans to fully Redevelop into a Campus.
  • Brand New 2023 High Quality Construction. Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
  • Splash Car Wash is the Largest and Rapidly Growing Car Wash Operator in the State of Arkansas w/ over 40k Members and performs 1.2M+ Washes Annually.
  • Densely Populated Affluent Area: Average Household Income of $117k+ within a 3-Mile Radius and over 115k People Residing within a 5-Mile Radius.

Executive Summary

19 Year Absolute Net Lease Car Wash w/ favorable 1.5% Annual Increases | Brand New 2023 Construction | Qualifies for Accelerated Depreciation | Largest and Rapidly Growing Car Wash Operator in the State of Arkansas
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 Steve.Greer@MarcusMillichap.com

Property Facts

Price $5,593,971
Price Per SF $937
Sale Type Investment
Cap Rate 7%
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 1.08 AC
Building Size 5,968 SF
No. Stories 1
Year Built 2023

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-20308-000
Land Assessment
$206,645
Improvements Assessment
$364,174
Total Assessment
$570,819

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 33612734

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 1005 S Walton Blvd, Bentonville, AR 72712

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