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    OFF-MARKET
    Grocery and convenience stores

    2028 Hwy 92, Springfield, AR 72157-9512

    3,612 SF 1.59 ac lot Built 2007
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-0333116
    Property summary
    AI-generated overview

    This 3,612 square foot gas station and convenience store is available for lease in Springfield, Arkansas. Located at 2028 Highway 92, this property boasts a prime location at the intersection of Highways 92 and 124, offering excellent ingress and egress with multiple access points. The property sits on a 5.84-acre lot and enjoys 100% occupancy. This single-tenancy retail space has a long-term operating history of 15+ years, serving the community and benefiting from limited competition as the only gas station connecting Hill Creek to Springfield and Damascus. The asking price is $126,000, with a price per square foot of $34.88. The lease is an Absolute NNN with a 2% annual rent bump. This presents an excellent value-add opportunity with an open fuel supply. The property benefits from proximity to numerous national tenants including McDonald's, Arby's, Culver's, Subway, KFC, and Walgreens, ensuring high visibility and customer traffic. This is a strong investment opportunity for an owner/user seeking a well-established business in a thriving location.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 2007
    Total area 3,612 SF
    Lot 1.59 ac (69,260 SF)
    APN 001-02012-001
    UPID US05-0333116
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Group D3 LLC · 7 yrs held
    Group D3 LLC
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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