1608 Albert Pike Rd, Hot Springs, AR 71913
This exceptional investment opportunity presents a fee-simple ownership of a 3,426 square foot retail car dealership located at 1608 Albert Pike Rd, Hot Springs, AR 71913. The property sits on a 1.18-acre lot and is currently 100% occupied by America's Car-Mart, a publicly traded company (NASDAQ: CRMT), under a triple-net (NNN) lease. The lease commenced January 1, 2020, and has a remaining term of approximately 3.1 years, expiring December 31, 2027. The current annual net operating income (NOI) is $61,521, representing a 7.25% cap rate on the asking price of $848,570. The lease includes a corporate guarantee from America's Car-Mart, mitigating risk for the investor. This is a single-tenant property with no landlord responsibilities. The lease features scheduled rent increases, providing potential for future income growth. This offering presents a compelling opportunity to acquire a stable, high-yield investment with a strong, publicly traded tenant in a desirable location. The property's size and location make it an attractive asset for long-term investment growth. The current lease provides a secure income stream with built-in rent escalations. This is a rare opportunity to acquire a well-performing NNN leased property with a strong tenant and significant remaining lease term.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.