3610 Kiehl Ave Sherwood, AR 72120-3384
Property profile & analytics
3610 Kiehl Ave Sherwood, AR 72120-3384
- Office buildings
- 5,845 SF
- 0.94 lot acres
Property ID
US05-0940402
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Splash Carwash / Car Wash
Property Details for 3610 Kiehl Ave
- Lot size
- 0.94 lot acres
- Property size
- 5,845 SF
- Property type
- Office buildings
- APN
- 23S-008-00-020-00
- APU
- 23S0080002000
Description
This exceptional investment opportunity presents a brand-new, 5,968 square foot Class A car wash in Sherwood, Arkansas. Located on a 0.98-acre lot at 3610 E Kiehl Ave, 72120, this property boasts a 20-year absolute NNN lease with Splash Car Wash, the largest and fastest-growing car wash operator in Arkansas, providing a corporate guarantee. The lease features a 7.75% cap rate and a strong NOI of $368,330, with annual rent bumps of 2%. Built in 2023, this high-quality construction benefits from excellent visibility and accessibility, situated along a major retail corridor with daily traffic exceeding 22,000 vehicles and close proximity to US Highway-167 (81,000+ VPD). The property is ideally positioned to serve a densely populated affluent area with an average household income exceeding $85,000 within a 3-mile radius and over 80,000 residents within a 5-mile radius. The lease expires November 30, 2044, offering long-term stability and significant tax advantages through bonus depreciation. This recession-resistant, service-based investment presents a compelling opportunity for passive income generation in a rapidly growing industry. The tenant, Splash Car Wash, boasts over 40,000 members and performs 750,000+ washes annually. This is a fee simple ownership opportunity with substantial long-term growth potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Sherwood
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.1924
- Latitude
- 34.8317
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$22,632
$65,514
$368,874
$434,388
-
$327,570
$1,844,370
$2,171,940
