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America’s Car-Mart

Fort Smith, Arkansas

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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

Key Details

Price:
$934,529
Cap Rate:
7.00%
Annual Rent:
$65,417
Address:
4006 Towson Ave, Fort Smith, Arkansas 72901
Lease Type:
Triple Net (NNN)

Lot Size:
2.59 Acres
Building Size:
5,663 SF
Year Built:
1987
Tenant:
America’s Car-Mart

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Francis Purritano

License: 10401333619

Walker Stevens

Broker of record

Brian Brockman

Bang Realty-Arkansas, Inc

License: PB00082359


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