2116 Reynolds Rd Bryant, AR 72022-2532

Property Details for 2116 Reynolds Rd

Lot size

1.09 lot acres

Property size

2,896 SF

Property type

Car washes

APN

840-00754-001

APU

84000754001

Description

This exceptional investment opportunity presents a brand-new, 5,120-square-foot Class A car wash in Bryant, Arkansas. Located on a 1.2-acre lot at 2116 N Reynolds Rd, 72022, this property boasts a 20-year absolute NNN lease with Splash Car Wash, the largest and fastest-growing car wash operator in Arkansas, backed by a corporate guarantee exceeding $40 million. The lease features a favorable 1.5% annual rent increase, ensuring consistent income growth. Built in 2023, this high-quality construction is situated along a major retail corridor with daily traffic exceeding 25,000 vehicles and immediate access to I-30 (104,000+ VPD), providing excellent visibility and accessibility. The property benefits from a strong demographic profile, with an average household income exceeding $105,000 within a 1-mile radius and over 64,000 residents within a 5-mile radius. Bryant's strategic location along I-30 and its proximity to numerous national retailers, including Walmart, Lowe's, and Target, further enhance the investment's appeal. The asking price is $5,405,242, offering a 7.00% cap rate and a net operating income (NOI) of $378,367. The investment's resilience is underscored by the car wash industry's growth and its recession-resistant nature. Bonus depreciation opportunities are also available, offering significant tax advantages. This is a passive, free-and-clear investment poised for long-term success.

Location Insight

City

Bryant

County

Saline

State

Arkansas

Longitude

-92.4976

Latitude

34.614

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments