1346 Highway 62Mountain Home, AR 72653
- Retail properties
- 1,462 SF
Property Details for 1346 Highway 62
- Lot size
- 0.47 AC
- Property size (Sq ft)
- 1,462 SF
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 007-13974-101
- APU
- 713974101
Description
This exceptional investment opportunity presents a fee-simple Domino's Pizza property in Mountain Home, Arkansas. The 1,462 square foot building, situated on a 0.47-acre lot with a drive-thru, is currently under an absolute triple-net (NNN) lease with a remaining term of two years. The lease includes a single five-year renewal option with a potential rental increase of up to 20%. The property boasts a strong 7% cap rate and a current annual net operating income (NOI) of $30,000. The current tenant, A&M Pizza, a proven franchisee operating 37 Domino's locations, assumed operations in 2021 and has significantly increased sales since. Prior to their takeover, the location generated over $1.56 million in net sales (September 2020 - August 2021). The property benefits from a high-traffic location on Highway 62 E, experiencing approximately 19,000 vehicles per day. The asking price is $428,571, offering a compelling return on investment. This is a rare opportunity to acquire a well-performing, established Domino's Pizza location with significant upside potential. The property is located at 1346 Hwy 62 E, Mountain Home, AR 72653.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $508,461
- 6.5%
- $469,349
- 7%
- $435,824
-
Comparable approach
- Method
- Valuation
- Relative Method
- $287,223
- Geo Method
- $287,223
-
Alternative Use
- Use
- Valuation
- Residential
- $395,913
- Hospitality
- $362,654
- Educational
- $301,724
- Medical
- $312,101
- Retail
- $469,349
Location Insight
- City
- Mountain Home
- County
- Baxter
- State
- Arkansas
- Latitude
- 36.3512
- Longitude
- -92.3626
- CBSA code
- 34260
- CBSA name
- MOUNTAIN HOME, AR MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].