229 W Central St | Warren, AR 71671
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- LoopNet Team
229 W Central St
Warren, AR 71671
Exxon · Retail Property For Sale
Investment Highlights
- New 20 Year Absolute Triple Net (NNN) Leases With Zero Landlord Responsibilities
- Guarantor Supplied Over 165 Million Gallons of Fuel to 300+ Locations During the 12 Month Period (Ending 12/31/2018)
- Strong Store Performance Across All Locations – Blended Average 2.33x Rent Coverage
- Each Location Benefits From 1.6% Annual Rent Increases and 4 x 5 Year Renewal Options
- Guarantor Generated Over $400 Million in Revenue in 2018 and Operates in 7 States: GA, TX, SC, AL, AR, LA and MS
- Weighted Average Cap Rate is 8.00% Over Lease Term For Portfolio
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,944 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.92 AC
Frontage
186 FT on South Martin Street
About 229 W Central St , Warren, AR 71671
In Cooperation With Sands Investment Group Arkansas, LLC - Lic. # PB00085157
PROPERTY TAXES
| Parcel Number | 700-49013-000C | Improvements Assessment | $53,320 |
| Land Assessment | $16,720 | Total Assessment | $70,040 |
PROPERTY TAXES
Parcel Number
700-49013-000C
Land Assessment
$16,720
Improvements Assessment
$53,320
Total Assessment
$70,040
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