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4941 Washington St
Forrest City, AR 72335
NNN Rock Dental Brands Clinic · Office Property For Sale
PROPERTY FACTS
About 4941 Washington St , Forrest City, AR 72335
This 4,292 SQUARE FOOT commercial building is OCCUPIED by ARKANSAS DENTISTRY & BRACES. They are on an initial 10 YEAR TERM that will expire Summer of 2024. Arkansas Dentistry & Braces has two, five year options with a 10% rent bump at each option. This investment property offers an NOI of $71,500/YR at a CAP Rate of 7.5%. This building is situated along N Washington Street, right off of I-40. This property neighbors Wendy’s, multiple hotels, a c-store, and other retail. The site has exposure to nearly 12,000 cars per day on N Washington Street and over 31,000 cars per day on I-40. AR Dentistry & Braces operated 19 locations and then was acquired in 2017 by Rock Dental Brands. This lease is backed by a personal guarantee, and Rock Dental Brands now operates over 60 locations.
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PROPERTY TAXES
Parcel Number | 0800-00731-0000 | Improvements Assessment | $107,960 |
Land Assessment | $7,650 | Total Assessment | $115,610 |
PROPERTY TAXES
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Listing ID: 11135464
Date on Market: 1/4/2018
Last Updated:
Address: 4941 Washington St, Forrest City, AR 72335