4101 Brooken Hill Dr Fort Smith, AR 72908

Property Details for 4101 Brooken Hill 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