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2007 N Main St

2,584 SF 100% Leased Retail Building Brinkley, AR 72021 $1,745,450 ($675/SF) 5.50% Cap Rate

Retail Buildings Arkansas Brinkley 2007 N Main St, Brinkley, AR 72021

Investment Highlights

  • New 20 year sale leaseback.
  • Store opening in December 2024.
  • Zero landlord responsibilites.

Executive Summary

Fortis Net Lease is pleased to present a free-standing Taco Bell located in Brinkley, AR. At Close of Escrow, K-MAC Enterprises will sign a new 20-year lease which will expire in December 2049. The absolute NNN lease will require zero landlord responsibilities and will include 1% annual rent increases to hedge against inflation. These rent escalations are also included in the four, five-year option periods. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is
responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC

Attachments

Brochure

Property Facts

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,584 SF
Building Class
B
Year Built
2009
Price
$1,745,450
Price Per SF
$675
Cap Rate
5.50%
NOI
$96,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
6.84 AC
Zoning
Commercial - General Commercial
Parking
20 Spaces (7.74 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 1147-02391-004
  • 1147-02391-002
 Improvements Assessment $226,480
Land Assessment $75,060 Total Assessment $301,540

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1147-02391-004
  • 1147-02391-002
Land Assessment
$75,060
Improvements Assessment
$226,480
Total Assessment
$301,540
(586) 945-9960

Contacts

  • Listing ID: 33791780

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: 2007 N Main St, Brinkley, AR 72021

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2007 N Main St
(586) 945-9960 x

2007 N Main St

1/2

Doug Passon

(586) 945-9960

(586) 945-9960

Marvin DeLaura

(248) 419-3811

(248) 419-3811

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