New 20-Yr. Absolute NNN | 70,441 Residents | 1815 N 1st St
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New 20-Yr. Absolute NNN | 70,441 Residents 1815 N 1st St
2,580 SF Retail Building Jacksonville, AR 72076 £3,039,228 (£1,178/SF) 6.10% Net Initial Yield
Investment Highlights
- BRAND NEW 20-YEAR ABSOLUTE NNN WHATABURGER WITH 10% INCREASES
- EXCELLENT ACCESS AND VISIBILITY TO 65,100 VPD ALONG INTERSTATE 57 AND MAJOR RETAIL TRADE AREA
- 70,441 RESIDENTS IN PRIMARY TRADE AREA WITH $80,111 AVERAGE HOUSEHOLD INCOME
Executive Summary
• Strategically Located Near Entrance to Little Rock Air Force Base – a 6,217-acre installation with 13,893 residents including 6,995 active military
• 70,441 Residents in Primary Trade Area - $80,111 average household income
• Excellent Access and Visibility to 65,100 VPD – along Interstate 57 and major retail trade area
• Across from Walmart Supercenter – adjacent to Lowe’s, Kroger, Harbor Freight, Starbucks, Taco Bell, McDonald’s, Walgreens and other national tenants
• 70,441 Residents in Primary Trade Area - $80,111 average household income
• Excellent Access and Visibility to 65,100 VPD – along Interstate 57 and major retail trade area
• Across from Walmart Supercenter – adjacent to Lowe’s, Kroger, Harbor Freight, Starbucks, Taco Bell, McDonald’s, Walgreens and other national tenants
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,580 SF
Building Class
B
Year Built/Renovated
2016/2024
Price
£3,039,228
Price Per SF
£1,178
Net Initial Yield
6.10%
NOI
£185,393
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
0.77 AC
Zoning
CI - Commercial
Parking
30 Spaces (11.63 Spaces per 1,000 SF Leased)
Frontage
124 ft on 1st St
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 12J-026-01-022-12 | Improvements Assessment | £160,818 |
| Land Assessment | £41,306 | Total Assessment | £202,124 |
PROPERTY TAXES
Parcel Number
12J-026-01-022-12
Land Assessment
£41,306
Improvements Assessment
£160,818
Total Assessment
£202,124
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New 20-Yr. Absolute NNN | 70,441 Residents | 1815 N 1st St
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