The Boulder Group is pleased to exclusively market for sale a single tenant Maverik property located in Fayetteville, AR, which is a central part of the Northwest Arkansas MSA - one of the fastest-growing regions in the United States. The Maverik property is positioned approximately 2.5 miles east of the University of Arkansas (35,000+ students) and is 2 miles east of Downtown Fayetteville. The property is located along East Huntsville Road (Highway 16), the main east-west thoroughfare in the trade area with limited gas competition in immediate area. This store ranks exceptionally on Placer.ai as it’s the #2 ranked gas station within a 15-mile radius of the property and is a top 50 ranked gas station Arkansas. It also ranks in the top 91st percentile for all gas stations in the U.S. per Placer.ai.
The property features an extremely rare corporate guaranty from Maverik and a long-term lease with over 15 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.