2001 Center St - Freestanding FOR SALE
Beebe, AR 72012 |
$4,742,000 USD
858-373-3184
2001 Center St
Beebe, AR 72012
HIGHLIGHTS
- 15 Year Absolute Net Lease (Zero Landlord Obligations) 10% Rental Increases Every 5 Years Throughout the Initial Term & Increases at Each Option.
- Brand New 2025 High Quality Construction.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Sun Auto is Majority Owned by Private Equity Firm Leonard Green & Partners - which handles more than $75 Billion of Assets.
- Pad to a Walmart Supercenter (1.8+ Million Shoppers/Year) and Other National Brands including Tractor Supply, Edwards Cash Saver, McDonald's, etc.
- Beebe is a Rapidly Growing Community in White County, supported by Arkansas State University-Beebe, local Industry, and Residential Development.
OVERVIEW
Sun Auto Tire (Plaza Tire Service) | 15 Year Absolute Net Lease | Brand New 2025 Construction | Qualifies for Accelerated Depreciation | Immediate Access to Interstate 57 | Pad to a Walmart Supercenter | 30-Minute Drive to Little Rock | Rapidly Growing Community
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$4,742,000 USD
PRICE/SF
$722 USD /SF
CAP RATE
6.3%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SUN AUTO TIRE & SERVICE | 15 YEAR ABS. NET
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.89 AC
LAND SF
38,768 SF
ZONING
-
APN/PARCEL ID
004-03971-000
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858-373-3184
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858-373-3184
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