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America's Car Mart 5900 S University Ave

4,353 SF Retail Building Little Rock, AR 72209 £760,272 (£175/SF) 7% 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 is pleased to present the exclusive listing for an America's Car-Mart located at 5900 South University Ave, Little Rock, AR 72209. The site consists of roughly 4,353 rentable square feet of building space on an estimated 1.453-acre parcel of land. This America's Car-Mart is subject to a 8 Years-year Triple Net (NNN) lease, which commenced 1/1/2020. The current annual rent is $66,918 and has scheduled increases of 8.00% Option 1; 5.00% Option 2.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
4,353 SF
Building Class
C
Year Built
1994
Price
£760,272
Price Per SF
£175
Net Initial Yield
7%
NOI
£53,219
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
1.45 AC
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5900 S University Ave, Little Rock, AR - AERIAL map view

NEARBY MAJOR RETAILERS

Simmons Bank
Fish Market

PROPERTY TAXES

Parcel Number 44L-165-00-012-00 Improvements Assessment £67,118
Land Assessment £33,309 Total Assessment £100,427

PROPERTY TAXES

Parcel Number
44L-165-00-012-00
Land Assessment
£33,309
Improvements Assessment
£67,118
Total Assessment
£100,427
(332) 345-4222

CONTACTS

  • Listing ID: 29597049

  • Date on Market: 22/09/2023

  • Last Updated:

  • Address: 5900 S University Ave, Little Rock, AR 72209

The 65th Street West Retail Property at 5900 S University Ave, Little Rock, AR 72209 is currently available. Contact NNN Pro Group for more information.

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5900 S University Ave, Little Rock, AR for sale Building Photo- Image 1 of 3
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America's Car Mart | 5900 S University Ave
(332) 345-4222 x

America's Car Mart | 5900 S University 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

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