Listed by CENTURY 21 Parker & Scroggins Realty
$1,900,000
Central Avenue Properties
Details
Property Type Special Purpose
Sub Type Other
Square Footage 12,848
Cap Rate 7.61%
NOI $144,640
Occupancy 100%
Tenancy Single
Lease Type NNN
Class A
Buildings 3
Lot Size (SqFt) 55,756
Zoning Commercial
Investment Type Sale/Leaseback
Central Avenue Properties
Marketing description
Level, Out of City
From the bypass, south on Central Ave/7S. Property is on the left
Building and Land - Hot Springs, AR
Back building offers over 7800 sq ft of open space. It is currently leased by Ready Set Skate. 35 parking spaces plus additional access around the perimeter. Shared driveway with business suite and ice machine at the front of the property (those businesses ARE included) at Hwy 7 South/Central Ave. Road expansion is complete in the area.
Listing Contacts
Listed by CENTURY 21 Parker & Scroggins Realty
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$144,640.00
$12,053.33/mo
Valuation Metrics
0
DSCR
7.61%
Cap Rate
7.61%
ROI
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