4101 Brooken Hl Dr Fort Smith, AR 72908-9279

Property Details for 4101 Brooken Hl Dr

Lot size

1.06 lot acres

Property size

3,600 SF

Property type

Grocery and convenience stores

APN

10938-0001-00000-01

APU

1093800010000001

Description

Exceptional investment opportunity: a 3,600 sq ft Circle K gas station in Fort Smith, AR, boasting a strong 6.00% cap rate and $275,339 NOI. This NNN lease with the largest Circle K franchisee in the US offers 18.7 years remaining, with 10% rent bumps every five years and four, five-year lease options. Built in 2023, the property sits on a 1.06-acre lot and enjoys a prime location on Highway 71 & Brooken Hill Dr, with visibility to approximately 35,000 vehicles daily. The property benefits from a high population density (52,155 residents within a five-mile radius) and qualifies for significant tax depreciation advantages (60% Year One bonus depreciation or 15-year accelerated depreciation). The asking price is $4,589,000, translating to $1,274.72 per square foot. This is a rare chance to acquire a stable, high-performing asset with substantial long-term growth potential in a thriving market. The lease commenced May 28, 2023, and expires August 16, 2043. The tenant, a major franchisee with over 200 locations, ensures a secure and reliable income stream. This turnkey investment offers a compelling combination of immediate returns and future appreciation.

Location Insight

City

Fort Smith

County

Sebastian

State

Arkansas

Longitude

-94.3888

Latitude

35.2964

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments