


208 Willie Ray Dr
Cabot, AR
Price:
$2,277,292
Cap Rate:
6.50%
NOI:
$148,024
Ownership Type:
Fee Simple
Building Size:
2,265 SF
Lot Size:
2.93 AC
Lease Type:
Absolute NNN
Term Remaining:
15+ Years
Rent Increases:
1.5% Annual
Lease Options:
2, 5 Year
Guarantor:
Clean Tech Ventures, LLC / Personal Guaranty
Across from Walmart Supercenter near I-57 on-ramp (34,628 VPD). Surrounded by national retailers including Marshalls, Kroger, Home Depot, NAPA Auto Parts, Papa Johns, IHOP, Dollar Tree, Starbucks, Slim Chickens, Goodwill, Olive Garden, Arby’s, Taco Bell, O’Reilly Auto Parts, Dairy Queen, Burger King, Sonic, McDonald’s, Aldi, 7 Brew and many more.
Fee simple ownership may offer a new investor bonus depreciation benefits for qualifying service station & motor fuels retailer type single tenant properties. The lease is absolute NNN with no landlord maintenance or management obligations whatsoever. The lease also offers attractive 1.5% annual rent increases during the primary term and option periods.
The company has rapidly expanded throughout top markets in Arkansas with 27 locations and growing. The company has a loyal customer base and specializes in fast, on-demand 10-minute oil changes plus add-on services. E-commerce resistant business model
Senior Managing Director, Investments
(925) 989-8198
jason.hernandez@marcusmillichap.com
Senior Associate
(203) 962-2042
jack.oneill@marcusmillichap.com
Associate
(901) 612-0515
jackson.lyons@marcusmillichap.com