1320 S Constitution Ave - Office FOR SALE
Ashdown, AR 71822 |
$1,300,000 USD
800-530-5490
1320 S Constitution Ave
Ashdown, AR 71822
OVERVIEW
Absolute net lease investment. The leasee owns 230 Anytime Fitness locations. Approximately 9 years remaining on lease.
6/1/2023 – 5/31/2028 $7,150.00/month
6/1/2028 – 5/31/2033 $7,865.00/month
6/1/2033 – 6/30/2035 $8,652.00/month
First Renewal Option/Term $9,085.00/month
Second Renewal Option/Term $9,994.00/month
FOR SALE DETAILS
PRICE
$1,300,000 USD
PRICE/SF
$1,237 USD /SF
CAP RATE
6.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.32 AC
LAND SF
13,939 SF
ZONING
-
APN/PARCEL ID
070-02891-001,070-02955-001
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800-530-5490
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800-530-5490
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