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.