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Electronics

AT&T - Crossett, AR

914 Unity Rd, Crossett, AR 71635

Listing Price: $900,000

Cap Rate
6.67%
Tenant Name
AT&T
Years Remaining On Lease
2.2
Gross SF
1,800
Guarantor
National Franchisor
Rentable SF
1,800
Price/Gross SF
$500.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.33

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a freestanding AT&T store operated by Prime Communications, the largest AT&T Authorized Retailer in the United States. The subject property is located at 914 Unity Road in Crossett, Arkansas. The AT&T features a triple-net lease, with landlord responsibilities only consisting of roof and structure repair/replacement. This 1,800-square-foot, freestanding building fronts Highway 82, which sees 8,500 vehicles per day. The AT&T site is located in front of a Walmart Supercenter and is adjacent to a Popeyes restaurant.

The lease commenced in 2016 and the current term extends through 2027. The tenant has four two-year renewal options with two percent increases per renewal option. The lease is guaranteed by Prime Comms Retail, LLC, the largest AT&T authorized retailer in the nation (2,000 locations).

Investment Highlights

  • Lease Guaranteed by Prime Comms Retail LLC: Largest AT&T Authorized Retailer in the United States
  • Outparcel to Walmart Supercenter
  • Frontage to Highway 82 (Unity Road)
  • Triple-Net Lease

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Financing By

Electronics

AT&T - Crossett, AR

Listing Price: $900,000

Cap Rate
6.67%
Tenant Name
AT&T
Years Remaining On Lease
2.2
Gross SF
1,800
Guarantor
National Franchisor
Rentable SF
1,800
Price/Gross SF
$500.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.33

Investment Highlights

  • Lease Guaranteed by Prime Comms Retail LLC: Largest AT&T Authorized Retailer in the United States
  • Outparcel to Walmart Supercenter
  • Frontage to Highway 82 (Unity Road)
  • Triple-Net Lease

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a freestanding AT&T store operated by Prime Communications, the largest AT&T Authorized Retailer in the United States. The subject property is located at 914 Unity Road in Crossett, Arkansas. The AT&T features a triple-net lease, with landlord responsibilities only consisting of roof and structure repair/replacement. This 1,800-square-foot, freestanding building fronts Highway 82, which sees 8,500 vehicles per day. The AT&T site is located in front of a Walmart Supercenter and is adjacent to a Popeyes restaurant. The lease commenced in 2016 and the current term extends through 2027. The tenant has four two-year renewal options with two percent increases per renewal option. The lease is guaranteed by Prime Comms Retail, LLC, the largest AT&T authorized retailer in the nation (2,000 locations).

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

Financing By

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