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2007 N Main St

2,584 SF 100% Leased Retail Building Brinkley, AR 72021 £1,388,142 (£537/SF) 5.50% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • New 20 year sale leaseback.
  • Store opening in December 2024.
  • Zero landlord responsibilites.

EXECUTIVE SUMMARY

Fortis Net Lease is pleased to present a free-standing Taco Bell located in Brinkley, AR. At Close of Escrow, K-MAC Enterprises will sign a new 20-year lease which will expire in December 2049. The absolute NNN lease will require zero landlord responsibilities and will include 1% annual rent increases to hedge against inflation. These rent escalations are also included in the four, five-year option periods. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is
responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,584 SF
Building Class
B
Year Built
2009
Price
£1,388,142
Price Per SF
£537
Net Initial Yield
5.50%
NOI
£76,348
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.01
Lot Size
6.84 AC
Zoning
Commercial - General Commercial
Parking
20 Spaces (7.74 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 1147-02391-004
  • 1147-02391-002
 Improvements Assessment £180,118
Land Assessment £59,695 Total Assessment £239,812

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1147-02391-004
  • 1147-02391-002
Land Assessment
£59,695
Improvements Assessment
£180,118
Total Assessment
£239,812
(586) 945-9960

CONTACTS

  • Listing ID: 33791780

  • Date on Market: 07/11/2024

  • Last Updated:

  • Address: 2007 N Main St, Brinkley, AR 72021

The Retail Property at 2007 N Main St, Brinkley, AR 72021 is currently available for sale. Contact Fortis Net Lease for more information.

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2007 N Main St, Brinkley, AR for sale Building Photo- Image 1 of 8
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2007 N Main St, Brinkley, AR for sale Interior Photo- Image 5 of 8
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2007 N Main St, Brinkley, AR for sale Interior Photo- Image 7 of 8
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2007 N Main St
(586) 945-9960 x

2007 N Main St

1/2

Doug Passon

(586) 945-9960

(586) 945-9960

Marvin DeLaura

(248) 419-3811

(248) 419-3811

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