For Sale
$4,589,000

4101 Brooken Hill Dr Fort Smith, AR 72908

High-Yield Arkansas Gas Station

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity: a 3,600 sq ft Circle K gas station in Fort Smith, AR, boasting a strong 6.00% cap rate and $275,339 NOI. This NNN lease with the largest Circle K franchisee in the US offers 18.7 years remaining, with 10% rent bumps every five years and four, five-year lease options. Built in 2023, the property sits on a 1.06-acre lot and enjoys a prime location on Highway 71 & Brooken Hill Dr, with visibility to approximately 35,000 vehicles daily. The property benefits from a high population density (52,155 residents within a five-mile radius) and qualifies for significant tax depreciation advantages (60% Year One bonus depreciation or 15-year accelerated depreciation). The asking price is $4,589,000, translating to $1,274.72 per square foot. This is a rare chance to acquire a stable, high-performing asset with substantial long-term growth potential in a thriving market. The lease commenced May 28, 2023, and expires August 16, 2043. The tenant, a major franchisee with over 200 locations, ensures a secure and reliable income stream. This turnkey investment offers a compelling combination of immediate returns and future appreciation.

Highlights

  • 19-year remaining term on a triple-net (NNN) lease.
  • 10% rent increases every five years.
  • Leased to the largest Circle K franchisee in the US, with over 200 locations.
  • Strong demographics: 52,155 residents within a five-mile radius.
  • Qualifies for significant depreciation benefits (60% Year One bonus or 15-year accelerated).
  • High-visibility location on Highway 71 & Brooken Hill Dr, with daily traffic exceeding 35,000 vehicles.

Property Details for 4101 Brooken Hill Dr

Property type
Retail properties, Gas stations
Square Feet
3,600 SF
Year Built
2023
Lot Size (sq. ft)
46,174 SF

Location Insight

City
Fort Smith
County
Sebastian
State
Arkansas
Latitude
35.2964635
Longitude
-94.3888146

FAQs

What type of property is this?
Retail property - High-Yield Arkansas Gas Station
Where is the retail property located?
The property is located at 4101 Brooken Hill Dr Fort Smith, AR.
What is the asking price?
The asking price for this property is $4,589,000.
What are key features of this property?
This property features: 19-year remaining term on a triple-net (NNN) lease.; 10% rent increases every five years.; Leased to the largest Circle K franchisee in the US, with over 200 locations.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4101 Brooken Hill Dr
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