Citgo

CONTACT US REGARDING THIS LISTING

Alec Manoogian

Investment Advisor

Marvin DeLaura

Senior Director

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PROPERTY ADDRESS

5956 BASELINE RD, LITTLE ROCK, AR 72209

PROPERTY INFORMATION

Price:
$870,225
Cap Rate:
6.75%
Term Remaining:
20 years Years
Year Built:
1976
Status:
Available

INVESTMENT HIGHLIGHTS

  • 20 Year Sale Leaseback Executed at COE
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Lease is Backed with Personal Guarantee
  • 10% Rent Increase Every 5 Years Including Options
  • Three (3), Five (5) Year Options to Extend
  • Experienced Operator with Over 30 Locations
  • 5 Mile Population Exceeds 89,000 Residents
  • 5 Mile Average HH Income Exceeds $46,000 Annually
  • 5 Mile Population Growth Projected at 1.12% by 2023