America's CAR-MART | 1610 W Hillsboro St
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America's CAR-MART 1610 W Hillsboro St
5,010 SF Retail Building El Dorado, AR 71730 $1,875,669 ($374/SF) 7.25% Cap Rate
Investment Highlights
- Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
- Corporate Guarantee (154+ Units)
Executive Summary
NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 1610 W Hillsboro St in El Dorado, Arkansas. The site consists of roughly 5,010 rentable square feet of building space on estimated 3.14-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $135,986 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
5,010 SF
Building Class
C
Year Built
2008
Price
$1,875,669
Price Per SF
$374
Cap Rate
7.25%
NOI
$135,986
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.14 AC
Zoning
CU - Commercial
Parking
11 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
201 FT on West Hillsboro Street
Nearby Major Retailers
1 of 4
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America's CAR-MART | 1610 W Hillsboro St
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