America's Car Mart | 5900 S University Ave
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America's Car Mart 5900 S University Ave
4,353 SF Retail Building Little Rock, AR 72209 $955,966 ($220/SF) 7% Cap Rate
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 is pleased to present the exclusive listing for an America's Car-Mart located at 5900 South University Ave, Little Rock, AR 72209. The site consists of roughly 4,353 rentable square feet of building space on an estimated 1.453-acre parcel of land. This America's Car-Mart is subject to a 8 Years-year Triple Net (NNN) lease, which commenced 1/1/2020. The current annual rent is $66,918 and has scheduled increases of 8.00% Option 1; 5.00% Option 2.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
4,353 SF
Building Class
C
Year Built
1994
Price
$955,966
Price Per SF
$220
Cap Rate
7%
NOI
$66,918
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.45 AC
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 44L-165-00-012-00 | Improvements Assessment | $84,394 |
Land Assessment | $41,883 | Total Assessment | $126,277 |
PROPERTY TAXES
Parcel Number
44L-165-00-012-00
Land Assessment
$41,883
Improvements Assessment
$84,394
Total Assessment
$126,277
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America's Car Mart | 5900 S University Ave
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