Exxon

CONTACT US REGARDING THIS LISTING

Alec Manoogian

Investment Advisor

Marvin DeLaura

Senior Director

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PROPERTY ADDRESS

113 HIGHWAY 64, MCCRORY, AR 72101

PROPERTY INFORMATION

Price:
$1,000,000
Cap Rate:
7.0%
Term Remaining:
20 years Years
Year Built:
1999
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
  • 10 Mile Population Exceeds 4,150 Residents
  • 3 Mile Average HH Income Exceeds $63,000 Annually
  • 5 Mile Population Expected 4.56% Growth by 2023