ARKO

Springdale, Arkansas

NNN Pro is pleased to present the exclusive listing for an Arko C-Store / Gas Station located at 1635 East Highway in Springdale, AR. The site consists of roughly 2,560 rentable square feet of building space on estimated 0.46-acre parcel of land. This ARKO is subject to a 20-year absolute triple-net (NNN) lease, which commenced October 12, 2021. The current annual rent is $129,953 and is scheduled to increase by 2% annually throughout the base term and in each of the 6, 5-year renewal options.

About the Investment:

✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 17+ Years Remaining
✓ Two Percent (2%) Annual Rental Increases
✓ Six (6), Five (5)-Year Tenant Renewal Options

Key Details

Price:: $2,362,782
Cap Rate:: 5.50%
Annual Rent:: $129,953
Address:: 1635 E Hwy 264, Springdale, Arkansas 72764
Property Type:: Gas Station
Lease Type:: Triple Net (NNN)

Original Lease Term:: 20 Years
Lease Commencement:: October 25, 2021
Lease Expiration:: October 31, 2041
Lease Term Remaining:: 17+ Years
Rental Increases:: 2.00% Annually
Lot Size:: 0.46 Acres
Building Size:: 2,560 SF
Year Built:: 1991
Tenant:: ARKO

Talk to the pros

Glen Kunofsky

gkunofsky@nnnpro.com

License: 49KU1129178

Alexandre Marietto

amarietto@nnnpro.com

License: 10401294047

Kyle Karsian

kkarsian@nnnpro.com

License: 10401321452

Gordon Pollock

gpollock@nnnpro.com

License: 10401370688

Broker of record

Brian Brockman

Bang Realty-Arkansas, Inc

License: PB00082359

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