1900 Reynolds Rd, Bryant, AR 72022-2528
This fee-simple investment opportunity presents a 5,510 square foot ZIPS Car Wash located at 1900 N Reynolds Rd, Bryant, AR 72022. Built in 1997, the property boasts a 100% occupancy rate with a strong corporate guarantee backing a 15.8-year remaining lease term. The absolute NNN lease includes annual rent bumps of 1.50%, ensuring consistent income growth. The property generates a substantial NOI of $200,000, translating to a compelling 7.50% cap rate and a price per square foot of $483.97. The asking price is $2,666,667. Benefiting from its location near I-30 (with over 100,000 vehicles per day), this car wash enjoys strong surrounding retail and demographics, including a 1.39% annual population growth since 2020. Lease options include 6 and 5-year extensions. The property's dual-use potential adds further investment appeal. This asset is eligible for accelerated depreciation and 60% bonus depreciation. A 20-minute drive to downtown Little Rock provides additional market access. The high demand for professional car washing services (72% of drivers utilize them) further solidifies this investment's potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
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.