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1610 Hillsboro St El Dorado, AR 71730

Sponsored
For Sale
$1,875,669

High-Cap Rate Auto Shop, Arkansas

Property size:
5,010 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This El Dorado, Arkansas auto shop presents a compelling investment opportunity. The 5,010 square-foot building sits on a 3.14-acre lot and is currently 100% occupied under an absolute triple-net (NNN) lease with a corporate guarantor. The lease, initiated January 1, 2020, has a remaining term of approximately 3.1 years, with two five-year renewal options. The property boasts significant outdoor storage space and benefits from below-market rent, making it highly replaceable. The strong tenant history and built-in rent increases offer excellent long-term returns. Built in 2008, this property offers a 7.25% cap rate and a current NOI of $135,986. The asking price is $1,875,669.

Property Features for 1610 Hillsboro St

General Information

Property type
Automotive properties
Square Feet
5,010 SF
Lot Size
136,778 SF

Building Details

Year Built
2008

HighLights

  • $1,875,669 asking price for a 5,010 SF auto shop in El Dorado, AR.
  • Triple‑net (NNN) lease with corporate guarantee from America's Car‑Mart.
  • 8‑year lease with 3.1 years remaining; two 5‑year renewal options.
  • 7.25% cap rate and $135,986 annual net operating income (NOI).
  • Located on a 3.14‑acre lot with ample outdoor storage.
Property Profile Location Intelligence

Current Use by Public Records

Car-Mart of El Dorado Used Car Dealer

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
El Dorado
County
Union
State
Arkansas
Longitude
-92.6839049
Latitude
33.2083362

FAQs

What type of property is this?
Automotive property - High-Cap Rate Auto Shop, Arkansas
Where is this automotive property located?
The property is located at 1610 Hillsboro St El Dorado, AR.
What is the asking price?
The asking price for this property is $1,875,669.
What are key features of this property?
This property features: $1,875,669 asking price for a 5,010 SF auto shop in El Dorado, AR.; Triple-net (NNN) lease with corporate guarantee from America's Car-Mart.; 8-year lease with 3.1 years remaining; two 5-year renewal options.
More about this property
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