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    OFF-MARKET
    Retail properties & Spaces

    1608 Albert Pike Rd, Hot Springs, AR 71913

    3,426 SF 1.18 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 3,426 SF
    Lot 1.18 ac (51,401 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
    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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