Available For Sale - Retail

4,950 SF | Show Pricing $

LISTED BY

Michael Matusik
Prime Net Lease, 800-948-1250

AVAILABILITY DETAILS

Size
4,950 SF
Price/SF
Show Pricing $
Listing ID
SA564553
Notes
Prime Net Lease is pleased to offer the opportunity to acquire the fee simple interest in a free standing Kum & Go located in Springdale, Arkansas. The subject property was built in 2012 specifically for Kum & Go, which signed a brand new 20-year Absolute NNN lease.



The original corporately guaranteed lease has just over 9 years remaining on its initial term, which commenced on December 13, 2012. This absolute NNN lease has 7.50% rental increases every five years during the base term and grants the Tenant four successive options to extend the lease. Each option period is for five years and includes 7.50% rental increases.



The subject property has excellent visibility and is conveniently situated at the fully signalized corner of W Sunset Ave and Johnson Rd in the densely populated part of Springdale. Kum & Go takes advantage of nearly over 35,000 vehicles passing daily in the immediate area. The site is surrounded by several local and major national tenants such as Dunkin' Donuts, Little Caesars, Domino's, Pizza Hut, McDonald's, Sonic, Burger King, Chick-fil-A, O'Reilly Auto Parts, AutoZone, Walgreens, Walmart, and many many more. In addition, there are over 10 major hotels in the nearby area as well as Northwest Medical Center, Arkansas Children's Northwest Hospital and Willow Creek Women's Hospital for a combined 500+ bed count. Springdale is the 4th most populous city in Arkansas, United States. It is located in both Washington and Benton counties in Northwest Arkansas. In addition to several trucking companies, the city is home to the world headquarters of Tyson Foods, the world's largest meat producing company.



This 24-Hour Kum & Go location has 8 fuel pumps, and the store has Kum & Go's signature 'Go Fresh Market' serving breakfast, hot sandwiches, pizza, and much more. Kum & Go has remained open and operating throughout the Covid-19 pandemic.
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
Michael Matusik, Prime Net Lease