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America's Car-Mart 4006 Towson Ave

5,663 SF Retail Building Fort Smith, AR 72901 $934,529 ($165/SF) 7% Cap Rate

Retail Space Arkansas Fort Smith 4006 Towson Ave, Fort Smith, AR 72901

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 4006 Towson Ave in Fort Smith, Arkansas. The site consists of roughly 5,663 rentable square feet of building space on estimated 2.59-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 $65,417 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
5,663 SF
Building Class
C
Year Built
1987
Price
$934,529
Price Per SF
$165
Cap Rate
7%
NOI
$65,417
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.59 AC
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Nearby Major Retailers

Buddy's Home Furnishings
United Rentals
Harps Food
Western Sizzlin
Sunbelt Rentals-general Equipment & Tools

PROPERTY TAXES

Parcel Number 18883-0000-01697-00 Improvements Assessment $60,800
Land Assessment $56,190 Total Assessment $116,990

PROPERTY TAXES

Parcel Number
18883-0000-01697-00
Land Assessment
$56,190
Improvements Assessment
$60,800
Total Assessment
$116,990
(332) 345-4222

Contacts

  • Listing ID: 30189002

  • Date on Market: 11/29/2023

  • Last Updated:

  • Address: 4006 Towson Ave, Fort Smith, AR 72901

More public record information on 4006 Towson Ave, Fort Smith, AR 72901

The Retail Property at 4006 Towson Ave, Fort Smith, AR 72901 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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America's Car-Mart | 4006 Towson Ave
(332) 345-4222 x

America's Car-Mart | 4006 Towson Ave

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Francis Purritano

(332) 345-4311

(332) 345-4311

Walker Stevens

(332) 345-7742

(332) 345-7742

Carlton St Bernard

(332) 345-4986

(332) 345-4986

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