708 W Grand Ave - Fast Food FOR SALE


Hot Springs National Park, AR 71901
$1,890,000 USD
310-403-4668
708 W Grand Ave, Hot Springs National Park, AR for Sale
$1,890,000 USD
Fast Food - FOR SALE
1/11
null | 6.14% Cap Rate

708 W Grand Ave
Hot Springs National Park, AR 71901


OVERVIEW

This is a phenomenal opportunity to purchase an Absolute Net investment - 15 year lease (approximately 12 years remaining) with 2% annual rental increases and a minimum of three 5 year options. A 74+ Year historical occupancy along a major thoroughfare.

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$739 USD /SF

CAP RATE

6.14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C-2

APN/PARCEL ID

400-26700-006-000

ASK ABOUT THIS PROPERTY

Anthony PalermoCORE Real Estate GroupMore Info
310-403-4668

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Anthony PalermoCORE Real Estate GroupMore Info
310-403-4668

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