Listed by ParaSell Inc, CrownPoint Partners
$4,030,000
Pit Stop Tire | 18 Yr Abs Net | $50 Million PG
Details
APN 1001-14210-020
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 13,336
Cap Rate 7.25%
NOI $292,092
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 08/01/2044
Remaining Term 18.2
Rent Bumps Yes
Lease Options 4X 5 YEAR
Broker Co-Op True
Year Built 1998
Year Renovated 2026
Buildings 1
Acreage 1.530
Parking Spaces 49 spaces
Parking Per SqFt 3.67
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/15/2024
Ground Lease No
Retail | 7.25% CAP | 13,336 SqFt
Investment highlights
PROPERTY HIGHLIGHTS
- 18 Years Remain on Corporate Guaranteed Lease
- Absolute Net Lease with Zero Landlord Responsibilities
- Location has Strong Community Following with Grand Opening March 2026
- Attractive 2% Rent Increases Hedge Inflationary Risk
- Traffic Counts Exceed 25,000 Vehicles Per Day
- Fully Renovated in 2026
- Strategically Situated on U.S. 49, Nestled Between US Highway 412 and Jones Road (358), the Heart of Paragould's Growth Corridor
- Excellent Visibility with Digital Sign Along U.S. 49 Enhancing the Site's Accessibility and Visibility to Both Local and Passing Traffic
- Tenant Benefits from Paragould's Diverse Industrial Base including one of the Area's Major Employers being Tenneco, a Global Giant in the Automotive Industry
- Positioned within Greene County, Benefiting from a Stable Economic Base and Small-Town Accessibility
- 100% Bonus Depreciation Available. Consult Segregation Advisor for More Information. Recommendations Available
Listing Contacts
Listed by ParaSell Inc, CrownPoint Partners
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$292,092.00
$24,341.00/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Is there information that looks off?
