7715 Phoenix Ave - Retail FOR SALE


Fort Smith, AR 72903- Massard
$3,033,000 USD
650-678-7200
7715 Phoenix Ave, Fort Smith, AR for Sale
$3,033,000 USD
Retail - FOR SALE
1/3
null | 6% Cap Rate

7715 Phoenix Ave
Fort Smith, AR 72903
Massard


HIGHLIGHTS

  • 10-year corporate lease featuring 10% rental increases every 5 years throughout the base term and options
  • 2025 build-to-suit construction to tenant’s latest prototype
  • Lease is backed by tenant’s parent company – The Sherwin-Williams Company
  • Subject property adjacent to the #1 ranked Sam’s Club location in Arkansas in terms of annual visits (per Placer.ai)
  • Sherwin Williams 2024 revenue totaled $23.1B, an increase over the previous year
  • Affluent residential trade area boasting average household incomes of $93,500 within a 3-mile radius of the subject property

OVERVIEW

A corporate net leased Sherwin Williams with a 10-year base term lease featuring 10% rental increases every 5 years and four, 5-year extension options with the same escalators. The subject property is located in Fort Smith – an affluent residential trade area boasting average household incomes of $93,500 within a 3-mile radius of the subject property.

FOR SALE DETAILS

PRICE

$3,033,000 USD

PRICE/SF

$660 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin Williams

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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