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113 Audobon Dr
Maumelle, AR
Price:
$1,801,728
Cap Rate:
6.25%
NOI:
$112,608
Ownership Type:
Fee Simple
Building Size:
2,005 SF
Lot Size:
0.7 AC
Lease Type:
Absolute NNN
Term Remaining:
15 Years
Rent Increases:
1.5% Annually
Lease Options:
2, 5 Years
Guarantor:
Corporate (Clean Tech Ventures) & Personal
No landlord management or maintenance obligations whatsoever. Passive long-term lease with extensive remaining term with built in rent increases to hedge against inflation
Family-owned, Arkansas-based operator (cleancarfast.com) with 20+ locations statewide and aggressive expansion underway. Specializes in fast, friendly 10-minute oil changes with no appointments needed, plus add-on services (wiper blades, air filters, tire rotations, cabin filters, engine flushes). Strong customer loyalty through convenient, essential vehicle maintenance and integration with high-rated Splash Car Wash services
Excellent visibility and located directly in a prime retail location. High-traffic suburban corridor with strong demographics, above average household incomes (~$103k in trade area), and ongoing residential/commercial growth. Excellent visibility and accessibility.
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