4006 Towson AveFort Smith, AR 72901
For Sale
$934,529
High-yield NNN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- 5,663 SF auto shop on a 2.59-acre lot in Fort Smith, AR.
- Triple-net (NNN) lease with corporate-guaranteed America's Car-Mart.
- Lease expires December 31, 2027, with two 5-year renewal options (8% & 5% rent increases).
- $934,529 asking price; $65,417 annual NOI (7% cap rate, $165.02/SF).
- Significant outdoor storage; below-market rent; recession-resistant industry.
Property Details for 4006 Towson Ave
- Property type
- Retail properties, Auto shops
- Square Feet
- 5,663 SF
- Year Built
- 1987
- Lot Size (sq. ft)
- 112,820 SF
Location Insight
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Latitude
- 35.3451446
- Longitude
- -94.4230715
4006 Towson Ave, Fort Smith, Arkansas
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN lease, strong tenant.
- Where is the retail property located?
- The property is located at 4006 Towson Ave Fort Smith, AR.
- What is the asking price?
- The asking price for this property is $934,529.
- What are key features of this property?
- This property features: 5,663 SF auto shop on a 2.59-acre lot in Fort Smith, AR.; Triple-net (NNN) lease with corporate-guaranteed America's Car-Mart.; Lease expires December 31, 2027, with two 5-year renewal options (8% & 5% rent increases).
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