NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 4006 Towson Ave in Fort Smith, Arkansas. The site consists of roughly 5,663 rentable square feet of building space on estimated 2.59-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $65,417 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.
Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
Corporate Guarantee (154+ Units)
Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
Two (2), Five (5)-Year Tenant Renewal Options
Large Underlying Acreage With Significant Outdoor Storage Space
Small Unit Price Point | Below Market Rent – Highly Replaceable Rent
Recessionary Resistant | Competitive Car Mart Lending Program | Supplements Used Car Sales