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NNN Leased Circle K Gas

4101 Brooken Hill Dr, Fort Smith, AR

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For Sale

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NNN leased Circle K with 19 years remaining.

Type:RETAIL

Property size:

3,600 SF

Lot size:

1.07 Acres

Price / SF:

$1,274/SF

HighLights

Absolute Triple‑Net (NNN) Lease with 19 Years Remaining
Tenant is Largest Circle K Franchisee in the United States (200+ Locations)
10 Percent Rental Increases Every Five Years
Qualifies for 60 Percent Year One Bonus Depreciation or 15‑Year Accelerated Depreciation
High Traffic Location: Visible to Nearly 35,000 Cars Per Day
Densely Populated Area: 52,155 Residents within a Five‑Mile Radius

We can help!

Listing Contact

Chris Lind

For Sale

Contact for pricing

NNN leased Circle K with 19 years remaining.

Type:RETAIL

Property size:

3,600 SF

Lot size:

1.07 Acres

Price / SF:

$1,274/SF

Added:: Sep 19, 2024
Days on Market:: 640
Last Refresh:: May 20 at 8:14 pm

Property Features for 4101 Brooken Hill Dr

General Information

Standard status: Active
Size: 3,600 SF
Lot size: 1.07 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Chris Lind

Listing agent Chris Lind License #(S):AZ:SA550593000,NV:S.0192964

Listing office Marcus & Millichap | Phoenix

Listing date Sep 19, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Phoenix

HighLights

Absolute Triple‑Net (NNN) Lease with 19 Years Remaining
Tenant is Largest Circle K Franchisee in the United States (200+ Locations)
10 Percent Rental Increases Every Five Years
Qualifies for 60 Percent Year One Bonus Depreciation or 15‑Year Accelerated Depreciation
High Traffic Location: Visible to Nearly 35,000 Cars Per Day
Densely Populated Area: 52,155 Residents within a Five‑Mile Radius

Overview

This property is subject to an absolute triple-net (NNN) lease with 19 years remaining. The lease includes 10 percent rental increases every five years. The tenant is the largest Circle K franchisee in the United States, operating over 200 locations. The location benefits from high visibility, with nearly 35,000 cars passing by daily on Highway 71 and Brooken Hill Drive. The surrounding area has a population of 52,155 residents within a five-mile radius. The property is located within a block of various fast-food restaurants, including McDonald’s, Sonic, Taco Bell, and Waffle House. It is also situated within a 20-minute drive of downtown Fort Smith and Fort Smith Regional Airport. The property may qualify for 60 percent year one bonus depreciation or 15-year accelerated depreciation per IRS 1250 property designation. The property size is 3,600 square feet and is located in Fort Smith, AR.

Property Profile Location Intelligence

Current Use by Public Records

Krispy Krunchy Chicken Restaurant ATM Atm Circle K Grocery & Convenience Store Simmons First Mortgage Loan Service

Suggested Use

Location Insight

Map
Local Demand

City: Fort Smith
County: Sebastian
State: Arkansas
Longitude: -94.3888
Latitude: 35.2964

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For sale
Gas stations
AR
Fort Smith
4101 Brooken Hill Dr

What type of property is this?

Gas station - NNN leased Circle K with 19 years remaining.

Where is this gas station located?

The property is located at 4101 Brooken Hill Dr Fort Smith, AR.

What is the asking price?

The asking price for this property is $4,589,000.

What are key features of this property?

This property features: Absolute Triple‑Net (NNN) Lease with 19 Years Remaining; Tenant is Largest Circle K Franchisee in the United States (200+ Locations); 10 Percent Rental Increases Every Five Years

4101 Brooken Hill Dr, Fort Smith, AR

NNN leased Circle K with 19 years remaining.

Property Features for 4101 Brooken Hill Dr

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Established Fort Smith Commercial Property

High-Visibility Commercial Property in Fort Smith

Warehouse Portfolio with Three-Phase Power

Corner Commercial Property in Fort Smith

Fort Smith Commercial Building

Fort Smith Warehouse with Office

Fort Smith Office Building For Sale

Versatile Office/Warehouse Property For Sale

Fort Smith Multifamily Investment Opportunity

Versatile Commercial Property with Income

8-Unit Apartment Complex

24-Unit Multifamily Community in Fort Smith

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