Exxon Absolute NNN Leased Offering 1209 N Church St, Atkins, AR Cap Rate 7.25% Atkins ( Arkansas, US ) Built

$496,552 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 2,480 sq. ft.
  • Development Level: Built
  • Lot Size: 0.99 acres

Description

Exxon Absolute NNN Leased Offering 1209 N Church St, Atkins, AR Cap Rate 7.25%

Cap Rate: 7.25%
NOI: $36,000
Building Size: 2,480 sqft
Lot Area: 0.99 acres
Lease Type: Absolute Net

Price: $496,552 USD

DESCRIPTION
The Kase Group is pleased to present an Exxon gas station for sale in Atkins, AR. The absolute NNN lease calls for zero landlord obligations. The lease will be guaranteed by a White Oak Station, LLC, an established operator of convenience stores throughout the Midwest. The property is located on a commercial thoroughfare near major retailers including McDonald’s, Dollar General, and just off of Interstate 40.

TENANT OVERVIEW
White Oak Station, LLC owns and operates convenience stores and gas stations primarily in the Ozark Mountain region, Texas, and Iowa. White Oak was formed in 2016 to acquire Petromark Inc. a gas and convenience store company with over 80 years of industry experience. Today White Oak is one of the largest operators in Arkansas and has continued to expand into East Texas.

HIGHLIGHTS
• Brand New 20 Year Absolute NNN Leased Offering
• 100% Fee Simple Interest
• Zero Landlord Obligations
• Established and Respected Regional Brand
• 60+ Units and Growing
• Corporate Guarantee

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

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Information is deemed to be correct but not guaranteed.