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Starbucks 2220 E Parkway

1,834 SF Retail Building Russellville, AR 72802 $1,900,000 ($1,036/SF) 4.42% Cap Rate

Retail Buildings Arkansas Russellville 2220 E Parkway, Russellville, AR 72802

Executive Summary

Prime investment with an established double net lease with a new 5 year extension just executed. New Roof completed February 2024

Attachments

Confidentiality Agreement (1)

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,834 SF
Building Class
B
Year Built
2007
Price
$1,900,000
Price Per SF
$1,036
Cap Rate
4.42%
NOI
$83,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.51 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Zoned C-1
Parking
21 Spaces (11.45 Spaces per 1,000 SF Leased)
Frontage
112 FT on E Parkway Dr

Amenities

  • Corner Lot
  • Drive Thru
  • Air Conditioning
1 of 1

Nearby Major Retailers

McAlister's Deli
Starbucks
Regions Bank
Bank OZK
Steak ‘n Shake
Snap Fitness 24/7
Freddy's Frozen Custard & Steakburgers
Chili's Grill & Bar
Waffle House
Western Sizzlin

PROPERTY TAXES

Parcel Number 863-97001-000C Improvements Assessment $61,850
Land Assessment $71,870 Total Assessment $133,720

PROPERTY TAXES

Parcel Number
863-97001-000C
Land Assessment
$71,870
Improvements Assessment
$61,850
Total Assessment
$133,720
(479) 264-4247

Contacts

  • Listing ID: 31010828

  • Date on Market: 2/21/2024

  • Last Updated:

  • Address: 2220 E Parkway, Russellville, AR 72802

More public record information on 2220 E Parkway, Russellville, AR 72802

The Retail Property at 2220 E Parkway, Russellville, AR 72802 is currently available for sale. Contact Arkansas Real Estate Collective for more information.

Nearby Listings

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Starbucks | 2220 E Parkway
(479) 264-4247 x

Starbucks | 2220 E Parkway

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Tara Dollar Kelley

(479) 264-4247

(479) 264-4247

Will Wetzel

(479) 280-1999

(479) 280-1999

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