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. 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.