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CIRCLE K W/ GAS | RARE 7% CAP | ABSOLUTE NNN 9324 AR-107

4,200 SF 100% Leased Retail Building Sherwood, AR 72120 $4,936,334 ($1,175/SF) 7.04% Cap Rate

Investment Highlights

  • 15+ Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New Construction w/ Gas Station.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • Positioned Along Area’s Retail & Traffic Corridor: Features Easy Access and Excellent Visibility at a Signalized Hard Corner.
  • Tenant is the Largest Circle K Franchisee in the United States with more than 200 Locations Currently Operating.

Executive Summary

Circle K w/ Gas Station | Long Term Absolute Net Lease | Qualifies for Accelerated Depreciation | Largest Circle K Franchisee in the United States | Signalized Hard Corner | Densely Populated & Affluent Area | Directly Across from Walmart Supercenter
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: Pb000981339 | Steve.Greer@MarcusMillichap.com

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,200 SF
Building Class
B
Year Built
2020
Price
$4,936,334
Price Per SF
$1,175
Cap Rate
7.04%
NOI
$347,518
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.71 AC
Zoning
Undesignated

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Circle K
  • Retailer
  • 4,200 SF
  • -
  • Triple Net
  • Aug 2040
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Circle K Retailer 4,200 SF - Triple Net Aug 2040

Nearby Major Retailers

Champs Chicken
Centennial Bank
Bank OZK
Walmart Neighborhood Market
  • Listing ID: 34084118

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 9324 AR-107, Sherwood, AR 72120

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