7209 E Grand Ave | Lonsdale, AR 72087
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7209 E Grand Ave
Lonsdale, AR 72087
SQRL · Retail Property For Sale
Investment Highlights
- LONG-TERM LEASE – Tenant recently executed a brand-new 20-Year absolute NNN lease, providing a completely passive long-term investment.
- BRAND NEW CONSTRUCTION – This SQRL was built in 2020 and renovated in 2022.
- STRONG CORPORATE GUARANTOR – This location is corporately backed by SQRL Holdings which currently operates around 160 locations.
- ANNUAL RENT INCREASES – The lease features two percent annual increases.
- LOW COMPETITION – Only gas station within a 5 mile radius.
- TOP PERFORMING LOCATION – This location is the top performing store in the SQRL portfolio.
PROPERTY FACTS
Property Type
Retail
Building Size
3,500 SF
Building Class
B
Year Built/Renovated
2020/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.98 AC
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $142,930 |
Land Assessment | $25,260 | Total Assessment | $168,190 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 100-00229-010
- 111552
Land Assessment
$25,260
Improvements Assessment
$142,930
Total Assessment
$168,190
Learn More About Investing in Retail Properties
Listing ID: 28174384
Date on Market: 4/7/2023
Last Updated:
Address: 7209 E Grand Ave, Lonsdale, AR 72087
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