406 Thompson St
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406 Thompson St
2,267 SF Retail Building Springdale, AR 72764 £1,918,791 (£846/SF) 5.75% Net Initial Yield
Investment Highlights
- New 10-Year Extension | K-Mac Franchisee (340+ Unit Operator) | Options To Extend | Scheduled Rental Increases
- Near Interstate 49 (95,000 VPD) | Dense Retail/QSR Corridor |Excellent Visibility Along S. Hampton St (35,000 VPD)
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,267 SF
Building Class
B
Year Built
1984
Price
£1,918,791
Price Per SF
£846
Net Initial Yield
5.75%
NOI
£110,326
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
0.90 AC
Zoning
C-2 - General Commercial
Parking
36 Spaces (15.88 Spaces per 1,000 SF Leased)
Frontage
101 ft on Thompson St St
Amenities
- Drive Thru
Walk Score ®
Very Walkable (77)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 815-28153-000 | Improvements Assessment | £169,678 |
Land Assessment | £50,222 | Total Assessment | £219,900 |
PROPERTY TAXES
Parcel Number
815-28153-000
Land Assessment
£50,222
Improvements Assessment
£169,678
Total Assessment
£219,900
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406 Thompson St
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