5900 University Ave Little Rock, AR 72209-2152

This fee-simple retail property presents a compelling investment opportunity. Located at 5900 S University Ave, Little Rock, AR 72209, this 4,353 square foot auto shop sits on a 1.45-acre lot. The property is currently leased to America's Car-Mart under an absolute triple-net (NNN) lease, eliminating landlord responsibilities. The lease commenced January 1, 2020, and has a remaining term of approximately 3.1 years, expiring December 31, 2027. The current annual net operating income (NOI) is $66,918, representing a 7.00% cap rate on the asking price of $955,966 ($219.61 per square foot). The lease includes two five-year renewal options, with rental increases of 8% (Option 1) or 5% (Option 2). The property boasts significant outdoor storage space, adding to its value. Built in 1994, this investment benefits from a corporate guarantee from a company with 154+ units, making it a low-risk, recession-resistant opportunity in a competitive car market. The below-market rent provides significant upside potential for future rent increases. This property offers a strong return on investment with a highly replaceable tenant and minimal landlord responsibilities.