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Auto Service - Gas-Conv

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

4715 S Shackleford Rd, Little Rock, AR 72204

Listing Price: $4,187,697

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
$997.07
Lease Type
Absolute Net
Rent Per Square Feet
$70.19

Investment Overview

Little Rock, Arkansas, the state’s capital city, is a dynamic hub of culture, commerce, and natural beauty. Located in the heart of Arkansas, it serves as the economic, political, and cultural epicenter of the state. With a population of approximately 200,000 residents, Little Rock offers a blend of urban sophistication and Southern charm.

The city is rich in history, exemplified by landmarks like the William J. Clinton Presidential Library and Museum, and the Little Rock Central High School National Historic Site, a symbol of the Civil Rights Movement. Its vibrant downtown features a bustling River Market District, known for its local shops, restaurants, and lively entertainment venues. Visitors and residents alike enjoy the Arkansas River Trail, a scenic route perfect for biking, jogging, or simply taking in the views of the Arkansas River.

Little Rock is home to a thriving arts scene, with attractions like the Arkansas Arts Center, the Arkansas Repertory Theatre, and numerous galleries showcasing local and national talent. The city also hosts various festivals throughout the year, such as Riverfest, a celebration of music, art, and food.

Education and healthcare play pivotal roles in Little Rock's economy, with institutions like the University of Arkansas for Medical Sciences and Arkansas Children’s Hospital contributing to its reputation as a regional leader in medical innovation.

The surrounding area boasts outdoor adventures, including Pinnacle Mountain State Park and the Big Dam Bridge, the longest pedestrian bridge in North America. With its affordable cost of living, friendly community, and access to both urban amenities and natural wonders, Little Rock provides an appealing quality of life for its residents and continues to attract businesses and visitors from across the region.

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 19k Vehicles.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • Near University of Arkansas at Little Rock - a Public Research University offering over 100 Undergraduate and Graduate Programs with an Enrollment of 5,430 Undergraduate Students.
  • 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 Area: Features more than 138k People Residing within a 5-Mile Radius. Little Rock has Experienced Steady Population Growth over Recent Decades.
  • Down the Street from Numerous Auto Dealerships and Auto Service Centers including Ford, Porsche, BMW, Nissan, Honda, Hyundai, Mercedes-Benz, Volkswagen, Subaru, Acura, Chrysler, Dodge, Jeep and many more.
  • In Close Proximity to Numerous National Retailers including Tractor Supply, Topgolf (Little Rock's first Topgolf Location), Walmart Supercenter, Sam's Club, Lowe's, Trader Joe's, Hobby Lobby, ALDI, Best Buy and many more. Minutes from Baptist Health Medical Center Little Rock - Arkansas's Largest Private, Non-profit Hospital, serves as Baptist Health's Flagship Facility with 827 Licensed Beds, Offering Comprehensive Medical Services.

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 | Absolute NNN - 15 Year Term | Bonus Depreciation

Listing Price: $4,187,697

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
$997.07
Lease Type
Absolute Net
Rent Per Square Feet
$70.19

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 19k Vehicles.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • Near University of Arkansas at Little Rock - a Public Research University offering over 100 Undergraduate and Graduate Programs with an Enrollment of 5,430 Undergraduate Students.
  • 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 Area: Features more than 138k People Residing within a 5-Mile Radius. Little Rock has Experienced Steady Population Growth over Recent Decades.
  • Down the Street from Numerous Auto Dealerships and Auto Service Centers including Ford, Porsche, BMW, Nissan, Honda, Hyundai, Mercedes-Benz, Volkswagen, Subaru, Acura, Chrysler, Dodge, Jeep and many more.
  • In Close Proximity to Numerous National Retailers including Tractor Supply, Topgolf (Little Rock's first Topgolf Location), Walmart Supercenter, Sam's Club, Lowe's, Trader Joe's, Hobby Lobby, ALDI, Best Buy and many more. Minutes from Baptist Health Medical Center Little Rock - Arkansas's Largest Private, Non-profit Hospital, serves as Baptist Health's Flagship Facility with 827 Licensed Beds, Offering Comprehensive Medical Services.

Investment Overview

Little Rock, Arkansas, the state’s capital city, is a dynamic hub of culture, commerce, and natural beauty. Located in the heart of Arkansas, it serves as the economic, political, and cultural epicenter of the state. With a population of approximately 200,000 residents, Little Rock offers a blend of urban sophistication and Southern charm. The city is rich in history, exemplified by landmarks like the William J. Clinton Presidential Library and Museum, and the Little Rock Central High School National Historic Site, a symbol of the Civil Rights Movement. Its vibrant downtown features a bustling River Market District, known for its local shops, restaurants, and lively entertainment venues. Visitors and residents alike enjoy the Arkansas River Trail, a scenic route perfect for biking, jogging, or simply taking in the views of the Arkansas River. Little Rock is home to a thriving arts scene, with attractions like the Arkansas Arts Center, the Arkansas Repertory Theatre, and numerous galleries showcasing local and national talent. The city also hosts various festivals throughout the year, such as Riverfest, a celebration of music, art, and food. Education and healthcare play pivotal roles in Little Rock's economy, with institutions like the University of Arkansas for Medical Sciences and Arkansas Children’s Hospital contributing to its reputation as a regional leader in medical innovation. The surrounding area boasts outdoor adventures, including Pinnacle Mountain State Park and the Big Dam Bridge, the longest pedestrian bridge in North America. With its affordable cost of living, friendly community, and access to both urban amenities and natural wonders, Little Rock provides an appealing quality of life for its residents and continues to attract businesses and visitors from across the region.

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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