701 E Main St | Magnolia, AR 71753
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- LoopNet Team
701 E Main St
Magnolia, AR 71753
Take 5 Oil Change · Retail Property For Sale
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback
- Attractive Rental Increases | 1.50% Annually Starting Year 2
- Corporate Guarantee from Driven Brands Funding, LLC
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,240 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.37 AC
Parking
12 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
88 FT on East Main Street
PROPERTY TAXES
| Parcel Number | 01-02948-00000 | Improvements Assessment | $70,801 |
| Land Assessment | $16,192 | Total Assessment | $86,993 |
PROPERTY TAXES
Parcel Number
01-02948-00000
Land Assessment
$16,192
Improvements Assessment
$70,801
Total Assessment
$86,993
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