1005 S Walton Blvd - Car Washes FOR SALE
Bentonville, AR 72712 |
1005 S Walton Blvd
Bentonville, AR 72712
HIGHLIGHTS
- 19 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
- Brand New 2023 High Quality Construction. Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model.
- Splash Car Wash is the Largest and Rapidly Growing Car Wash Operator in the State of Arkansas w/ over 40k Members and performs 1.2M+ Washes Annually.
- Less than a Mile from Walmart Global HQ - 350+ Acre Campus to support 14,000+ Employees - Recently unveiled Plans to fully Redevelop into a Campus.
- Densely Populated Affluent Area: Average Household Income of $117k+ within a 3-Mile Radius and over 115k People Residing within a 5-Mile Radius.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
ABS. NET 19 YR CAR WASH | BONUS DEPRECIATION
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
5968
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2023
SPRINKLERS
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PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.08 AC AC
LAND SF
47,045 SF
ZONING
-
APN/PARCEL ID
01-20307-000,01-20308-000
