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| Price $1,236,000 $1,236,000 | Built/Renov 1987/2022 | Tenant SQRL |
| Cap Rate 7.50% 7.50% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
3,883
| Lease Start
01-07-2022
| #Units
139
|
| Price/SF $318.31 $318.31 | Expiration
01-07-2042
| Tenant Type Convenience/Gas |
| NOI $92,700 | R. Term 16.5 | Ownership Fee Simple |
| Rent/SF
$23.87
| Increases 3.0%/1/yrs | Pop 5Mi 2,024 |
| Lot/AC 0.00 | Options 4/5yrs/3% | AHHI 5Mi $58,809 |
| | |
This recently renovated SQRL convenance and gas station is located along AR-9 with access to 1,600 vehicles per day. Situated in a rural Arkansas, the site benefits from extremely limited competition in the immediate area. Additionally, the site is within 6 miles of three different schools; Nemo Vista Elementary School, Nemo Vista Middle School and Nemo Vista High School. Center Ridge is an...
...Recent renovation
Recent building upgrades
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
Limited competition
Annual rent increases
Corporate Guarantee
Over 100 Units backed
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 136 | 561 | 1,722 |
| 2023 Total Population : | 135 | 560 | 1,735 |
| 2023 Employed Civilian Pop : | 50 | 199 | 590 |
| 2023 Total Businesses : | 4 | 10 | 21 |
| 2023 Average Household Income : | $ 66,610 | $ 67,035 | $ 64,638 |
| 2023 Total Consumer Spending : | $ 3 M | $ 14 M | $ 42 M |
| 2023 Median Age : | 43 | 43 | 43 |
| 2023 Total Households : | 63 | 240 | 738 |
| 2023 Pop Age 25+: Bachelor's Degree : | 11 | 37 | 123 |
| 2023 Average Home Value : | $ 172,340 | $ 185,533 | $ 190,598 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Austin Road | Hwy 82 | 2021 | 280 | 0.56 mi |
| State Highway 9 | Peachtree Ln | 2021 | 1,700 | 1.18 mi |
| AR 336 | Glendenning Rd | 2021 | 460 | 1.53 mi |
| State Highway 9 | Ark-Tenn Rd | 2021 | 1,700 | 1.61 mi |
| AR 9 | Ludy Rd | 2021 | 1,700 | 1.61 mi |
| State Highway 9 | Holt Rd | 2021 | 1,800 | 2.34 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
