Property profile

2702 Mountain Pine Rd Hot Springs, AR 71913

OFF-MARKET
Retail properties & Spaces
2,484 SF
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Property summary

AI-generated overview

This thriving convenience store and gas station in Hot Springs, Arkansas, presents a compelling investment opportunity. Located at 2702 Mountain Pine Rd, this 2,484 square foot, single-story building sits on a 1.47-acre lot with ample parking (50 spaces) and excellent ingress/egress. The property benefits from a high-traffic location near schools and lakes, serving a large community including residents and lake-goers. Currently operating under a triple-net lease (NNN) with a 10-year term commencing April 29, 2024, the lease includes a built-in escalation clause with a $500 monthly rent increase starting in the sixth year. The asking price is $75,000 ($30.19/sq ft). The business boasts a large kitchen, currently offering subs, cakes, and sack lunches, with significant potential for expansion. Adding services like check cashing or expanding the food menu could significantly increase revenue. The three gas pumps offer further income potential, especially with branding opportunities. The property's zoning is commercial, and it was renovated 15 years ago. This established business offers a strong foundation for continued growth and profitability in a desirable location. The business only is for sale

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,484 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Crypto Atm Atm
  • Grocery & Convenience Store

Location

2702 Mountain Pine Rd Hot Springs, AR 71913
Hot Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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