Exxon – Service Station & Convenience Store - 115 US-167, Bald Knob, AR 72010, USA

Exxon – Service Station & Convenience Store

115 US-167, Bald Knob, AR 72010, USA
$ 2,500,000.00
Cap Rate: 6.5 %
Status: Available

Details

Asking Price: $ 2,500,000.00
  • Year built: 2000
  • Square Footage: 6623 sq ft
  • Land Size (acres): 4.3
  • Occupancy (%): 100
  • Parking (spaces): 58
  • Permitted Zoning: C-1
  • APN: 003-03357-002
  • Lease Type: NNN
  • Lease Term (Years): 20
  • Cap Rate (%): 6.5
  • Rental Increases: 1.75% Annually
  • NOI: $ 162,500.00

Marketing Description

Exxon – Service Station & Convenience Store

This property is an Exxon Service Station and Convenience Store which is being offered as an Absolute Triple-Net (NNN) Lease Investment Property.

Magness Oil Company will enter into a brand new 20-year Absolute Triple Net Lease with Zero Landlord Responsibilities at closing.

2019 Average Monthly Outside: 141,666 gallons

2019 Average Monthly Inside Sales: $137,500

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USRealty Co, specializing in Absolute Triple Net(NNN) Lease opportunities

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Tenant Overview

  • Tenant: Magness Oil Company

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