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Property profile & analytics
OFF-MARKET
Specialty properties

1771 Green Acres Rd Fayetteville, AR 72703

5,115 SF 1.09 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 5,115 square foot Class A car wash in Fayetteville, Arkansas. Located on 1.09 acres at 1771 Green Acres Rd, 72703, this property boasts a 20-year absolute NNN lease with Splash Car Wash, a major Arkansas operator, providing zero landlord obligations. The lease features a 1.5% annual rent increase, ensuring consistent income growth. The current annual net operating income (NOI) is $386,750, representing a 7.00% cap rate on the $5,525,000 asking price. Built in 2024, this high-quality construction benefits from bonus depreciation opportunities. The property enjoys excellent visibility and accessibility, situated along a major retail corridor with daily traffic exceeding 27,000 vehicles. The tenant, Splash Car Wash, is a financially strong entity with over 40,000 members and annual washes exceeding 750,000. The lease includes both personal and corporate guarantees. The location is highly desirable, within a densely populated and affluent area with an average household income exceeding $82,000 and over 116,000 residents within a 5-mile radius. Its proximity to the University of Arkansas and a VA Medical Center further enhances its long-term potential. This is a service-based, recession-resistant investment in a rapidly growing market.

Property profile
Verified
Property type Specialty properties
Year built 2024
Total area 5,115 SF
Lot 1.09 ac (47,480 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Splash Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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