406 Thompson St
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406 Thompson St
2,267 SF Retail Building Springdale, AR 72764 $2,394,000 ($1,056/SF) 5.75% Cap Rate
Investment Highlights
- New 10-Year Extension | K-Mac Franchisee (340+ Unit Operator) | Options To Extend | Scheduled Rental Increases
- Near Interstate 49 (95,000 VPD) | Dense Retail/QSR Corridor |Excellent Visibility Along S. Hampton St (35,000 VPD)
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,267 SF
Building Class
B
Year Built
1984
Price
$2,394,000
Price Per SF
$1,056
Cap Rate
5.75%
NOI
$137,650
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.90 AC
Zoning
C-2 - General Commercial
Parking
36 Spaces (15.88 Spaces per 1,000 SF Leased)
Frontage
101 FT on Thompson St St
Amenities
- Drive Thru
Walk Score®
Very Walkable (77)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 815-28153-000 | Improvements Assessment | $211,700 |
Land Assessment | $62,660 | Total Assessment | $274,360 |
PROPERTY TAXES
Parcel Number
815-28153-000
Land Assessment
$62,660
Improvements Assessment
$211,700
Total Assessment
$274,360
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406 Thompson St
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