101 SW Texas St - Service Station FOR SALE
Hoxie, AR 72433 |
$600,000 USD
101 SW Texas St
Hoxie, AR 72433
HIGHLIGHTS
- ABSOLUTE TRIPLE NET LEASE STRUCTURE: This Deal Features a 17+ Year Absolute Triple Net Lease, Placing All Responsibility on the Tenant
- RENTAL INCREASES: The Lease Incorporates 2% Annual Rent Escalation, Allowing the Landlord to Benefit From the Growth in Property Value
- LOCATION: Strategically Located in Close Proximity To Hoxie's City Hall, The Main Retail Corridor and US Highway 63 & 67
- TRAFFIC: This Location Features a C-Store With Several Retail Tenants & Sits On Southwest Texas Street (Over 8,000 Vehicles Per Day)
- TAX INCENTIVES: C-Store Investments Offer Increased Depreciation Expenses Providing For a Major Tax Incentive Bonus (Consult Your CPA)
- NATIONAL RETAILERS: Surrounded By National Credit Tenants Such As: McDonald's, O'Reilly Auto Parts, Walmart, Tractor Supply, Dollar General, etc.
OVERVIEW
Sands Investment Group is Pleased to Present Exclusively For Sale the 8,370 SF Triple Net C-Store Located at 101 SW Texas Street in Hoxie, AR. This Deal Includes a 17+ Year Absolute Triple Net Lease, Placing All Responsibility on the Tenant (Zero Landlord Responsibility) and Providing the Landlord With a Steady and Dependable Income, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Arkansas, LLC - Lic. #PB00085157 BoR: Andrew Ackerman - Lic. AR #PB00085157
FOR SALE DETAILS
PRICE
$600,000 USD
PRICE/SF
$72 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Triple Net C-Store - Hoxie, AR
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,204 SF
ZONING
-
APN/PARCEL ID
740-00064-000-C
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