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Auto Service - Gas-Conv

Circle K w/ Gas | Rare 7% CAP | Little Rock MSA | Absolute NNN - 15 Year Term | Bonus Depreciation

9324 AR-107, Sherwood (Little Rock MSA), AR 72120

Listing Price: $4,936,334

Cap Rate
7.04%
Tenant Name
Circle K
Years Remaining On Lease
15.6
Gross SF
4,200
Guarantor
Franchisee Guarantee
Rentable SF
4,200
Price/Gross SF
$1,175.32
Lease Type
Absolute Net
Rent Per Square Feet
$82.74

Investment Overview

Sherwood, Arkansas, is a vibrant and family-friendly city located in the central part of the state, just north of Little Rock. Known for its welcoming atmosphere and community-driven initiatives, Sherwood has become a desirable place to live and work. The city is home to a growing population that enjoys a blend of suburban comfort and urban convenience.

Sherwood offers a variety of recreational opportunities, including the picturesque Lake Cherrywood and the Sherwood Sports Complex, which features baseball and softball fields, walking trails, and picnic areas. Residents also benefit from the proximity to North Little Rock's Burns Park, one of the largest municipal parks in the country, with amenities like golf courses, a disc golf course, and a water park.

Education is a cornerstone of the community, with access to excellent schools in the Pulaski County Special School District and nearby higher education institutions like the University of Arkansas at Little Rock. Sherwood’s location near major highways makes it a hub for businesses and an easy commute to Little Rock, the state capital.

The city's annual events, such as the Sherwood Fest and Christmas parade, highlight its close-knit spirit. Additionally, the area has seen consistent economic growth, supported by local businesses and a robust retail and dining scene. Sherwood's combination of affordability, safety, and amenities makes it a standout destination in the Little Rock metropolitan area.

Investment Highlights

  • 15+ Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New High Quality Construction w/ Gas Station.
  • Positioned Along Area's Retail & Traffic Corridor: Features Easy Access and Excellent Visibility at a Signalized Hard Corner to Daily Combined Traffic Counts Exceeding 27k Vehicles.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • This Site, within the City of Sherwood, will Attract Residents and Commuters from Both Jacksonville to the North as well as North Little Rock to the South making this Passive Free Investment a Tremendous Success.
  • Tenant is the Largest Circle K Franchisee in the United States with more than 200 Locations Currently Operating throughout Alabama, Arkansas, Georgia, Kansas, and Louisiana.
  • Densely Populated Affluent Area: Features an Average Household Income of more than $90k+ within a 3-Mile Radius and over 80k People Residing within a 5-Mile Radius.
  • Down the Street from North Little Rock Municipal Airport - Hosts 180+ Aircraft, Two Runways, Business Services, Flight Training, Rentals, Maintenance and more, supporting 56k+ Annual Operations.
  • Directly Across from a Walmart Supercenter and near to Numerous other National Retailers including Walmart Neighborhood Market, Kroger, Kohl's, Walgreens and many more.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    First Vice President Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Financing By

Auto Service - Gas-Conv

Circle K w/ Gas | Rare 7% CAP | Little Rock MSA | Absolute NNN - 15 Year Term | Bonus Depreciation

Listing Price: $4,936,334

Cap Rate
7.04%
Tenant Name
Circle K
Years Remaining On Lease
15.6
Gross SF
4,200
Guarantor
Franchisee Guarantee
Rentable SF
4,200
Price/Gross SF
$1,175.32
Lease Type
Absolute Net
Rent Per Square Feet
$82.74

Investment Highlights

  • 15+ Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New High Quality Construction w/ Gas Station.
  • Positioned Along Area's Retail & Traffic Corridor: Features Easy Access and Excellent Visibility at a Signalized Hard Corner to Daily Combined Traffic Counts Exceeding 27k Vehicles.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • This Site, within the City of Sherwood, will Attract Residents and Commuters from Both Jacksonville to the North as well as North Little Rock to the South making this Passive Free Investment a Tremendous Success.
  • Tenant is the Largest Circle K Franchisee in the United States with more than 200 Locations Currently Operating throughout Alabama, Arkansas, Georgia, Kansas, and Louisiana.
  • Densely Populated Affluent Area: Features an Average Household Income of more than $90k+ within a 3-Mile Radius and over 80k People Residing within a 5-Mile Radius.
  • Down the Street from North Little Rock Municipal Airport - Hosts 180+ Aircraft, Two Runways, Business Services, Flight Training, Rentals, Maintenance and more, supporting 56k+ Annual Operations.
  • Directly Across from a Walmart Supercenter and near to Numerous other National Retailers including Walmart Neighborhood Market, Kroger, Kohl's, Walgreens and many more.

Investment Overview

Sherwood, Arkansas, is a vibrant and family-friendly city located in the central part of the state, just north of Little Rock. Known for its welcoming atmosphere and community-driven initiatives, Sherwood has become a desirable place to live and work. The city is home to a growing population that enjoys a blend of suburban comfort and urban convenience. Sherwood offers a variety of recreational opportunities, including the picturesque Lake Cherrywood and the Sherwood Sports Complex, which features baseball and softball fields, walking trails, and picnic areas. Residents also benefit from the proximity to North Little Rock's Burns Park, one of the largest municipal parks in the country, with amenities like golf courses, a disc golf course, and a water park. Education is a cornerstone of the community, with access to excellent schools in the Pulaski County Special School District and nearby higher education institutions like the University of Arkansas at Little Rock. Sherwood’s location near major highways makes it a hub for businesses and an easy commute to Little Rock, the state capital. The city's annual events, such as the Sherwood Fest and Christmas parade, highlight its close-knit spirit. Additionally, the area has seen consistent economic growth, supported by local businesses and a robust retail and dining scene. Sherwood's combination of affordability, safety, and amenities makes it a standout destination in the Little Rock metropolitan area.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    First Vice President Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

Financing By

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