For Sale
$924,502

1301 Military Rd Benton, AR 72015

NNN Lease, Strong Tenant, 7.25% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity features a 4,020 square foot retail building situated on a 1.49-acre lot in Benton, Arkansas. The property is currently 100% occupied by America's Car-Mart under a triple-net (NNN) lease with a corporate guarantee, ensuring minimal landlord responsibilities. The lease commenced January 1, 2020, and has a remaining term of approximately 3.1 years, expiring December 31, 2027. The current annual net operating income (NOI) is $67,026, yielding a 7.25% capitalization rate based on the asking price of $924,502. Built in 1990, this property benefits from its location in a dense retail corridor, proximate to major national retailers including Walmart, Kroger, and numerous fast-food and retail chains. The lease includes scheduled rent increases, providing potential for future income growth. This is a compelling investment opportunity offering a strong tenant, stable income stream, and attractive cap rate in a prime retail location. The property is located at 1301 Military Rd, Benton, AR 72015.

Highlights

  • 4,020 SF retail building on a 1.49-acre lot in Benton, AR, currently 100% occupied by America's Car-Mart under a triple-net (NNN) lease with a corporate guarantee.
  • 3.1 years remaining on the NNN lease, expiring December 31, 2027, with no landlord responsibilities.
  • Lease backed by America's Car-Mart, a publicly traded company (NASDAQ: CRMT).
  • Prime retail location near Walmart, Kroger, and other national retailers.

Property Details for 1301 Military Rd

Property type
Retail properties, Automotive properties
Square Feet
4,020 SF
Year Built
1990
Lot Size (sq. ft)
64,904 SF

Location Insight

City
Benton
County
Saline
State
Arkansas
Latitude
34.5757027
Longitude
-92.5770405
1301 Military Rd, Benton, Arkansas

FAQs

What type of property is this?
Retail property - NNN Lease, Strong Tenant, 7.25% Cap Rate
Where is the retail property located?
The property is located at 1301 Military Rd Benton, AR.
What is the asking price?
The asking price for this property is $924,502.
What are key features of this property?
This property features: 4,020 SF retail building on a 1.49-acre lot in Benton, AR, currently 100% occupied by America's Car-Mart under a triple-net (NNN) lease with a corporate guarantee.; 3.1 years remaining on the NNN lease, expiring December 31, 2027, with no landlord responsibilities.; Lease backed by America's Car-Mart, a publicly traded company (NASDAQ: CRMT).
How can I contact the broker?
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1301 Military Rd
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