Phillip 66 – Service Station/Convenience Store - 700 US-64, Wynne, AR 72396, USA

Phillip 66 – Service Station/Convenience Store

700 US-64, Wynne, AR 72396, USA
$ 975,000.00
Cap Rate: 6.5 %
Status: Available

Details

Asking Price: $ 975,000.00
  • Year built: 1992
  • Square Footage: 4646 sq ft
  • Land Size (acres): 2.57
  • Price/Sq Ft: $ 210.00
  • Occupancy (%): 100
  • Parking (spaces): 35
  • Permitted Zoning: Commercial
  • APN: 900-04091-003-C
  • Lease Type: NNN
  • Lease Term (Years): 20
  • Cap Rate (%): 6.5
  • Rental Increases: 1.75% Annually
  • NOI: $ 63,375.00

Marketing Description

Phillip 66 – Service Station/Convenience Store

This property is a Phillips 66 Service Station and Convenience Store which is being offered as an Absolute Triple-Net (NNN) Lease Investment Property.

US C-Store Operations, LLC will enter into a brand new 20-year Absolute Triple Net Lease with Zero Landlord Responsibilities at closing.

2019 Average Monthly Outside: 77,000 gallons

2019 Average Monthly Inside Sales: $60,000

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

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Tenant Overview

  • Tenant: US C-Store Operations, LLC
  • Tenant Overview: The tenant is US C-Store Operations, LLC, formerly White Oak Station, which owns and operates over 75 convenience store locations in Arkansas, Missouri, Nebraska, Kansas, Florida, and Texas. US C-Store Operations, LLC is an affiliate of US Assets, Inc. of Dallas, Texas.

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