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Gas Station and C-Store 7781 Highway 167 S
3,000 SF of Retail Space Available in Sheridan, AR 72150
Highlights
- 7781 Highway 167 S is a 3,000-SF gas station/c-store completely overhauled in 2022, equipped with vacuums, propane exchange, grain storage, and more.
- Valuable location off Highway 167, a primary north-south artery that leads to I-530 and the heart of Little Rock, attracting regular customers.
- Equipped to offer services like oil changes, car washes, or tire checks to attract more customers and add another revenue stream.
- Features c-store and fuel components, the most lucrative stations, also operate convenience stores with a high profit margin for inexpensive products.
- Store success is empowered by a wealthy, rural locale, the previous tenant was required to vacate due to a company-wide closure.
- Also available for sale.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Move-in-ready gas station and convenience store rebuilt in 2022 with vacuums, dual-sided fuel pumps, propane exchange, grain storage, and more.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Convenience Store
- Space is an outparcel at this property
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 7781 Highway 167 S , Sheridan, AR 72150
| Property Type | Retail | Year Built/Renovated | 1982/2022 |
| Property Subtype | Convenience Store | Parking Ratio | 2/1,000 SF |
| Gross Leasable Area | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Convenience Store |
| Gross Leasable Area | 3,000 SF |
| Year Built/Renovated | 1982/2022 |
| Parking Ratio | 2/1,000 SF |
About the Property
7781 Highway 167 S is a 3,000-square-foot asset rebuilt in 2022 from a shell building. It now sports a sleek, modern look and blue accents with an artificial stone façade for rustic character. The property features a car vacuum station, two dual-sided fuel pumps, and a propane fuel exchange. This particular location also has storage for grain feed and hay, which is especially suitable for this agricultural area. It was built to the high-end specifications of a new gas station and convenience store chain. The company was forced to declare bankruptcy in 2024 by stakeholders, and the closure of this store was not due to the performance of this individual location. Sheridan, Arkansas, and broader Grant County are a unique part of the Greater Little Rock area about 35 miles south of the capital city. Grant County has a substantial number of residents working in manufacturing, education, healthcare, and social assistance. Some of the largest employers are Kohler, Sheridan School District, and Assisted Care for Seniors. These well-paying companies have raised the rural county’s average household income to over $88,000.
- Restaurant
- Signage
DEMOGRAPHICS
Demographics
Nearby Amenities
Hotels |
|
|---|---|
| Americas Best Value Inn |
40 rooms
12 min drive
|
Leasing Agent
Leasing Agent
Dan Gluhaich, Senior Vice President
-
Dan Gluhaich -
Colliers
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Gas Station and C-Store | 7781 Highway 167 S
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