America’s Car-Mart

West Memphis, Arkansas

NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 1600 E Broadway Ave in West Memphis, Arkansas. The site consists of roughly 6,056 rentable square feet of building space on estimated 1.47-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 $48,907 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