Auto Service - Gas-Conv
Splash Oil & Lube
208 Willie Ray Dr, Cabot, AR 72023
Listing Price: $2,368,386
Investment Overview
Splash Cabot Oil Change is a single-tenant, absolute NNN-leased automotive service property located at 208 Willie Ray Drive, Cabot, Arkansas. The 2,265 sq ft purpose-built oil change and lubrication facility sits on 1.27 acres and is leased to Clean Tech Ventures, LLC (an affiliate of the regional Splash Car Wash / Oil Change platform) under a 20-year lease that commenced on March 1, 2022 and expires February 28, 2042 (approximately 15.9 years remaining). The lease features 1.5% annual rent escalations, 100% tenant responsibility for taxes, insurance, maintenance, and operating expenses, and two additional 5-year renewal options (automatically exercised unless declined with 180 days’ notice). Personally guaranteed by Paul and Lisa Stagg, this long-term, defensively oriented investment offers predictable cash flow, built-in rent growth, and minimal landlord responsibilities in the essential quick-service automotive sector within one of the fastest-growing suburbs of the Little Rock MSA.
Splash Oil & Lube
Investment Highlights
- Rare NNN Lease with 15+ years remaining
- 1.5% rent increases annually Two (2), 5-year renewal options for extended income stability Predictable escalations deliver strong long-term yield growth
- Excellent visibility and located directly in a prime retail location. High-traffic suburban corridor with strong demographics, above-average household incomes (~$102k in trade area).
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,368,386
Investment Highlights
- Rare NNN Lease with 15+ years remaining
- 1.5% rent increases annually Two (2), 5-year renewal options for extended income stability Predictable escalations deliver strong long-term yield growth
- Excellent visibility and located directly in a prime retail location. High-traffic suburban corridor with strong demographics, above-average household incomes (~$102k in trade area).
Investment Overview
Splash Cabot Oil Change is a single-tenant, absolute NNN-leased automotive service property located at 208 Willie Ray Drive, Cabot, Arkansas. The 2,265 sq ft purpose-built oil change and lubrication facility sits on 1.27 acres and is leased to Clean Tech Ventures, LLC (an affiliate of the regional Splash Car Wash / Oil Change platform) under a 20-year lease that commenced on March 1, 2022 and expires February 28, 2042 (approximately 15.9 years remaining). The lease features 1.5% annual rent escalations, 100% tenant responsibility for taxes, insurance, maintenance, and operating expenses, and two additional 5-year renewal options (automatically exercised unless declined with 180 days’ notice). Personally guaranteed by Paul and Lisa Stagg, this long-term, defensively oriented investment offers predictable cash flow, built-in rent growth, and minimal landlord responsibilities in the essential quick-service automotive sector within one of the fastest-growing suburbs of the Little Rock MSA.
Exclusively Listed By
Broker of Record
Financing By
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