2351 W Sunset Ave - Convenience Store FOR SALE


Springdale, AR 72762
$4,400,000 USD
720-604-2220
2351 W Sunset Ave, Springdale, AR for Sale
$4,400,000 USD
Convenience Store - FOR SALE
1/6
null | 5.41% Cap Rate

2351 W Sunset Ave
Springdale, AR 72762


HIGHLIGHTS

  • Located in the Northwest Arkansas MSA, a top 15th fastest growing in the U.S. (Bentonville, Fayetteville, Springdale, and Rogers)
  • Qualifies for 100% Bonus Depreciation (consult with your CPA)
  • Positioned at a heavily trafficked signalized intersection (33,000+ vehicles per day) along West Sunset Avenue
  • Densely populated area with over 70,000 people living within three miles
  • Absolute triple net lease with no landlord responsibilities
  • 7.5% rental increases every 5 years (next increase on 1/1/2028)

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant Maverik property located in the booming Northwest Arkansas MSA. The property is located at a heavily trafficked signalized intersection (33,000 VPD) in Springdale, AR and is positioned one and one-half miles east of Interstate 49 (89,000 VPD). The surrounding area is densely populated with over 70,000 people living within three miles and is affluent with average annual household income of $104,000 in five miles. The Maverik is just north of the headquarters for Tyson Foods, which ranks #85 on the Fortune 500 list and is publicly traded with a $20B market capitalization. The Boulder Group is pleased to exclusively market for sale a single tenant Maverik property located in the booming Northwest Arkansas MSA. The property is located at a heavily trafficked signalized intersection (33,000 VPD) in Springdale, AR and is positioned one and one-half miles east of Interstate 49 (89,000 VPD). The surrounding area is densely populated with over 70,000 people living within three miles and is affluent with average annual household income of $104,000 in five miles. The Maverik is just north of the headquarters for Tyson Foods, which ranks #85 on the Fortune 500 list and is publicly traded with a $20B market capitalization. Following their 2023 acquisition of Kum & Go, the store was recently rebranded to a Maverik demonstrating commitment to this location. The original twenty-year lease expires on December 31, 2032. The lease features 7.5% rental increases every five years with the next increase occurring on January 1, 2028. The absolute triple net lease has no landlord responsibilities. Maverik is an industry-leading convenience store chain with over 840 locations across 21 states. They’re widely regarded as one of the top convenience store operators in the country. The property qualifies for 100% Bonus Depreciation. Investors are advised to consult with their CPAs.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$886 USD /SF

CAP RATE

5.41%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maverik

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

CI

APN/PARCEL ID

815-29000-000

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 Policy.