2702 Mountain Pine Rd Hot Springs, AR 71913
- Retail properties
- 2,484 SF
Current Use by Public Records
- Bitcoin Depot - Bitcoin ATM / Crypto Atm / Atm
- Mountain Pine Corner Store / Convenience Store
Property Details for 2702 Mountain Pine Rd
- Property size
- 2,484 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
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
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.1542
- Latitude
- 34.5695
