3920 Southwest Dr - Convenience Store FOR SALE
Jonesboro, AR 72404 |
$6,750,000 USD
515-865-2985
3920 Southwest Dr
Jonesboro, AR 72404
HIGHLIGHTS
- Original 15-year lease expires December 1, 2036
- Long-term absolute net lease structure provides passive ownership with stable cash flow and no landlord responsibilities
- Positioned along Southwest Drive with convenient access to major transportation corridors serving both local and regional traffic
- Jonesboro is one of Arkansas’ fastest-growing commercial markets, benefiting from a diverse employment base, residential growth, & regional trade area
- Qualifies for 100% Bonus Depreciation (check with tax advisor)
- Maverik is an industry-leading convenience store chain with 840+ locations in 21 states
FOR SALE DETAILS
PRICE
$6,750,000 USD
PRICE/SF
$1,164 USD /SF
CAP RATE
5.6%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Convenience Store, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.32 AC
LAND SF
101,059 SF
ZONING
-
APN/PARCEL ID
01-143363-05210
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515-865-2985
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515-865-2985
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