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
- General Retail Convenience Store
- General Retail Service Station
- General Retail Storefront
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
- 131 FT on South Elmira Avenue
LINKS
PROPERTY TAXES
Parcel Number | 859-00051-001C | Improvements Assessment | $40,670 |
Land Assessment | $4,560 | Total Assessment | $45,230 |
Learn More About Investing in Retail Properties
Listing ID: 27702448
Date on Market: 2/8/2023
Last Updated:
Address: 1600 S Elmira Ave, Russellville, AR 72802
The Retail Property at 1600 S Elmira Ave, Russellville, AR 72802 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.