Available For Sale - Retail

72,150 SF | Show Pricing $

AVAILABILITY DETAILS

Size
72,150 SF
Price/SF
Show Pricing $
Listing ID
SA387945
Notes
Cap Rate 5.75%

NOI $110,000

Building Size 3,099 sqft

Lot Area 1.03 acres

Lease Type Triple Net

Year Built 1990

Price Per Sqft $617.31

Year Last Renovated 2018

Roof & Structure Tenant’s Responsibility

HVAC Tenant’s Responsibility

Repairs & Maintenance Tenant’s Responsibility



Brand New 20 Year Triple Net (NNN) Lease With No Landlord Responsibilities to Begin at the Close of Escrow

Lease Guaranty is Backed By an Experienced Franchisee With 36+ Units

Strategically Located as an Outparcel to a Hobby Lobby Anchored Strip Center With Major Retailers Including: JCPenney, Dollar Tree, Shoe Carnival, T.J. Maxx, Ross, AT&T and PetSmart

This Property Sits on a Strong Corner Lot With Dual Access Off Hwy 331 and E Main St That Sees a Combined Traffic Count of Over 42,645 VPD

Strong Demographics With a Population of Over 37,850 Residents Making an Average Household Income of $55,930 Within a 5-Mile Radius

Russellville is Home to Arkansas Tech University, Which is the 3rd Largest University in the State and Serves Over 12,000 Students

Top Major Employers in Russellville Are: ConAgra Foods, Arkansas Nuclear One, Tyson Foods, St Mary’s Regional Medical Center, Russellville School District, AR Tech University, Walmart, New Customer Service Company and Transco Lines

Russellville, AR is Essentially the Halfway Mark Between Fort Smith and Conway Along I-40

Nearby Tenants Include: Walmart Supercenter, Chick-fil-A, McDonald’s, Staples, Mattress Store, Sonic, Tractor Supply, Waffle House, Quality Inn, Western Union and Phillips 66
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Doug Roland, Sand Investment Group