1851 E Huntsville Rd - Convenience Store FOR SALE


Fayetteville, AR 72701- Greater Fayetteville
$7,475,000 USD
720-604-2220
1851 E Huntsville Rd, Fayetteville, AR for Sale
$7,475,000 USD
Convenience Store - FOR SALE
1/11
null | 5.2% Cap Rate

1851 E Huntsville Rd
Fayetteville, AR 72701
Greater Fayetteville


HIGHLIGHTS

  • Located in the Northwest Arkansas MSA, a top 15 fastest growing MSA in the U.S. (Bentonville, Fayetteville, Springdale, and Rogers)
  • Qualifies for 100% Bonus Depreciation (consult with your CPA)
  • Long-term lease with 15+ years remaining
  • Extremely rare Maverik corporate guaranty
  • Highly rated on Placer.ai (#2 ranked gas station within 15 miles, a top 50 gas station in Arkansas, and 91st percentile of all gas stations in U.S.)
  • Approximately 2.5 miles east of University of Arkansas (35,000+ students) and 2 miles east of Downtown Fayetteville

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$7,475,000 USD

PRICE/SF

$1,384 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maverik

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

I2

APN/PARCEL ID

765-15227-003

ASK ABOUT THIS PROPERTY

Zach WrightThe Boulder GroupMore Info
720-604-2220

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Zach WrightThe Boulder GroupMore Info
720-604-2220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.