3688 Interstate 55 - Freestanding FOR SALE


Marion, AR 72364
$3,077,500 USD
949-506-2007
3688 Interstate 55, Marion, AR for Sale
$3,077,500 USD
Freestanding - FOR SALE
1/8
null | 7% Cap Rate

3688 Interstate 55
Marion, AR 72364


HIGHLIGHTS

  • 8 Years Remaining | Annual Increases | Options to Extend | Corporate Guaranteed | 4th Largest Collision Shop Operator
  • NN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Excellent Visibility off I-55 (36,000 VPD) | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area | Memphis MSA

OVERVIEW

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a corporate guaranteed Joe Hudson’s Collision Center investment property located in Marion, Arkansas (Memphis MSA). The tenant, JHCC Holdings, LLC, has 8 years remaining on its lease with 3 (5-year) options to extend. The lease features 2% annual rental increases throughout the initial term and each option period, providing a hedge against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Headquartered in Montgomery, Alabama, Joe Hudson’s Collision Centers is the 4th largest full-service collision shop operator in the country with 250+ collision repair shops. In 2019, TSG Consumer Partners, a leading private equity firm with over $9 billion in total assets, acquired majority stake in the company with focus on further building the best in class brand.

FOR SALE DETAILS

PRICE

$3,077,500 USD

PRICE/SF

$211 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Joe Hudson's Collision Center | 8yrs Corp NN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

C-2

APN/PARCEL ID

233700000000

ASK ABOUT THIS PROPERTY

Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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