1900 Reynolds Rd Bryant, AR 72022-2528
- Auto shops
- 5,510 SF
- 1.14 lot acres
May 09, 2025
Current Use by Public Records
- Auto shops
Property Details for 1900 Reynolds Rd
- Lot size
- 1.14 lot acres
- Property size
- 5,510 SF
- Property type
- Auto shops
- APN
- 840-14253-000
- APU
- 84014253000
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $570,000
- ML approach
- $520,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $427,000
Market price range: $238k - $730k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bryant
- County
- Saline
- State
- Arkansas
- Longitude
- -92.4959
- Latitude
- 34.6125
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
