5900 University Ave Little Rock, AR 72209
Net-leased auto shop, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Absolute Triple-Net (NNN) lease; zero landlord responsibilities.
- Corporate guarantee from a company with 154+ units.
- Two five-year tenant renewal options with 8% or 5% rental increases.
- 1.45-acre lot with significant outdoor storage.
- Below-market rent with a highly replaceable tenant.
- Recession-resistant investment; supplements used car sales.
Property Details for 5900 University Ave
- Property type
- Retail properties, Auto shops
- Square Feet
- 4,353 SF
- Year Built
- 1994
- Lot Size (sq. ft)
- 63,162 SF
Location Insight
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Latitude
- 34.6958367
- Longitude
- -92.3471523
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Net-leased auto shop, strong tenant.
- Where is the retail property located?
- The property is located at 5900 University Ave Little Rock, AR.
- What is the asking price?
- The asking price for this property is $955,966.
- What are key features of this property?
- This property features: Absolute Triple-Net (NNN) lease; zero landlord responsibilities.; Corporate guarantee from a company with 154+ units.; Two five-year tenant renewal options with 8% or 5% rental increases.
- 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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