$4,589,000 USD
602-687-6780
4101 Brooken Hill
Fort Smith, AR 72908
Fianna HIlls
HIGHLIGHTS
- 18 Years Remaining on Absolute Triple-Net (NNN) Lease
- 10 Percent Rental Increases Every Five Years
- Tenant is Largest Circle K Franchisee in the United States with 200+ Locations
- 52,175 Residents within a Five-Mile Radius
- Property Qualifies for 100 Percent Year One Bonus Depreciation or 15-Year Accelerated Depreciation Per IRS 1250 Property Designation
- Easily Accessible Location, Visible to Nearly 35,000 Cars Per Day from Highway 71 & Brooken Hill Dr
OVERVIEW
Founded in 1994 and based in Atlanta, Georgia, Gas Express, LLC is the largest Circle K franchisee in the United States. The franchisee operates over 200 locations (existing and coming soon) throughout Alabama, Arkansas, Georgia, Kansas, and Louisiana.
Fort Smith, Arkansas is a city rich in history and economic diversity. Positioned on the border of Arkansas and Oklahoma, Fort Smith is one of two county seats in Sebastian County.
FOR SALE DETAILS
PRICE
$4,589,000 USD
PRICE/SF
$1,275 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Circle K - 100% Bonus Depreciation
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
1.06 AC
LAND SF
46,174 SF
ZONING
C1
APN/PARCEL ID
10938-0001-00000-01
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602-687-6780
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602-687-6780
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