This Retail Property is no longer advertised on LoopNet.com.

1600 S Elmira Ave
Russellville, AR 72802

SQRL Gas Station and C-Store · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 19 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • The Lease is Corporately Signed By the Parent Company With 139  Locations Currently and an Robust Acquisition Pipeline of Over 50 Other Locations
  • Operator Has Approximately 139 Stores and is Doing Over $100 Million in Fuel Revenue
  • Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options
  • Tenant in Process and Just Invested Over $150,000 Remodeling the Canopy, Pavement, Interior and Exterior of the Site to Their Proprietary Brand "SQRL"
  • Gas Stations Offer Increased Depreciation Expenses *Consult Your CPA

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,275 SF
Building Class
C
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.50 AC
Parking
12 Spaces
Frontage
133 FT on East 16th Street

PROPERTY TAXES

  • Listing ID: 27702448

  • Date on Market: 2/8/2023

  • Last Updated:

  • Address: 1600 S Elmira Ave, Russellville, AR 72802