2851 Walnut St, Rogers, AR 72756
4,781 SF Specialty Building Offered at $3,104,215 at a 6.50% Cap Rate in Rogers, AR 72756
For Sale
Active
Asking Price $3,104,215
- Property Type
-
Specialty
- Square Feet
- 4,781 SF
- Price / Square Foot
- $649
Listing Contacts
Glen Kunofsky
Alexandre Marietto
James Westerberg
Gordon Pollock
Property Overview
NNN Pro is pleased to present the exclusive listing for a Zips Car Wash located at 2851 W. Walnut St, Rogers, AR 72756. The site consists of roughly 4,781 rentable square feet of building space on an estimated 1.6-acre parcel of land. This Zips Car Wash is subject to a 20-year Triple Net (NNN) lease, which commenced 9/12/2017. The current annual rent is $201,774 and has scheduled increases of 1.50% Annually.
Property Details
- Class
- C
- Year Built
- 2005
- Stories
- 1
- Property Subtype
- Car Wash
- Lot Size (sq. ft)
- 69,696 SF
Highlights
- Long Term NNN Lease - Over 15-Years of Lease Term Remaining with 6, 5-Year Options
- Strong Rental Increases - 1.50% Increases Occurring Annually
- Corporate Guarantee - Strong Corporate Credit with Over 230+ Locations Backing the Lease
Nearby Properties
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