This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

938 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

America's CAR-MART 1600 E Broadway Ave

6,056 SF Retail Building West Memphis, AR 72301 £527,824 (£87/SF) 7.25% Net Initial Yield

Investment Highlights

  • Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
  • Corporate Guarantee (154+ Units)

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 1600 E Broadway Ave in West Memphis, Arkansas. The site consists of roughly 6,056 rentable square feet of building space on estimated 1.47-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 $48,907 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
6,056 SF
Building Class
C
Year Built
1988
Price
£527,824
Price Per SF
£87
Net Initial Yield
7.25%
NOI
£38,267
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
1.47 AC
Parking
32 Spaces (5.28 Spaces per 1,000 SF Leased)
Frontage
209 ft on Broadway Blvd

Amenities

  • Bus Route
  • Pylon Sign
  • Signage
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 354-650000-000
  • 384-005000-000
 Improvements Assessment £36,188
Land Assessment £24,002 Total Assessment £60,191

PROPERTY TAXES

Parcel Numbers
Multiple
  • 354-650000-000
  • 384-005000-000
Land Assessment
£24,002
Improvements Assessment
£36,188
Total Assessment
£60,191
(332) 345-4222

Contacts

  • Listing ID: 30187103

  • Date on Market: 29/11/2023

  • Last Updated:

  • Address: 1600 E Broadway Ave, West Memphis, AR 72301

The Retail Property at 1600 E Broadway Ave, West Memphis, AR 72301 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
1600 E Broadway Ave, West Memphis, AR for sale Building Photo- Image 1 of 4
1600 E Broadway Ave - West Memphis, AR - Main
1600 E Broadway Ave, West Memphis, AR for sale Building Photo- Image 2 of 4
ACM - West Memphis, AR Aerial
1600 E Broadway Ave, West Memphis, AR for sale Other- Image 3 of 4
Other

1 of 1

Connect with us

© 2024 CoStar Group

America's CAR-MART | 1600 E Broadway Ave
(332) 345-4222 x

America's CAR-MART | 1600 E Broadway Ave

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Francis Purritano

(332) 345-4311

(332) 345-4311

Walker Stevens

(332) 345-7742

(332) 345-7742

Carlton St Bernard

(332) 345-4986

(332) 345-4986

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link