Current Use by Public Records
- Retail properties & Spaces
Property Details for 1716 Trumann
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional 9+ acre mixed-use property in Trumann, Arkansas, presents a compelling investment opportunity. Located at Exit 29 of I-555, it boasts over 1,300 feet of highway and street frontage, enjoying the highest traffic counts in the city. The property includes all utilities and benefits from a prime location alongside established businesses such as Walmart, McDonald's, Burger King, and several convenience stores and national retailers. A significant advantage is the inclusion of a cell tower lease, which conveys with the sale. The property also features a 2,054 square foot dwelling. Currently operating under a 20-year NNN lease (commencing June 1, 2016, and expiring June 1, 2036), with a corporate guarantee and 7% rent bumps, the remaining lease term is 11.5 years. The ground lease also expires June 1, 2036. This property is ideal for owner-operators seeking a high-traffic location or investors looking for a long-term, stable income stream in a rapidly growing area. The asking price is $903,000. This is a rare opportunity to acquire a strategically positioned property with significant upside potential in a thriving commercial corridor. The property is for sale by owner.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Trumann
- County
- Poinsett
- State
- Arkansas
- Longitude
- -90.5489
- Latitude
- 35.6797
