The Boulder Group is pleased to exclusively market for sale a single tenant Maverik property located in Little Rock, AR. The Maverik property is positioned
approximately 9 miles west of Downtown Little Rock in an extremely affluent area. The surrounding area boasts average annual household income of $154,000+ within one mile. The property is located at the hard corner and signalized intersection of Chenal Parkway & Wellington Hills Rd. This store ranks exceptionally well on Placer.ai as its in the top 5% for all gas stations within 15-miles and top 8% for all gas stations in Arkansas and the United States.
The property features a long-term lease with over 13 years remaining. The absolute triple net lease has no landlord responsibilities and 7.5% rental increases every five years throughout the primary term. Kum & Go/Maverik is an industry leading convenience store chain, and they have over 840 locations in 21 states.
The property qualifies for 100% Bonus Depreciation. Investors are advised to consult with their CPAs.