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Views: 76 Updated: 11.28.23 Posted: 05.24.23 Status: Inactive

Summary

Price $1,142,857
Built/Renov 2023
Tenant SQRL
Cap Rate 7.00%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 3,604
Lease Start 09-01-2022
#Units 139
Price/SF $317.11
Expiration 08-31-2042
Tenant Type Convenience/Gas
NOI $80,000
R. Term 17.9
Ownership Fee Simple
Rent/SF $22.20
Increases 2.0%/1/yrs
Pop 5Mi 62,420
Lot/AC 0.65
Options 4/5yrs/2%
AHHI 5Mi $55,898

Lease Highlights

  • New 2023 renovation
  • SQRL recently signed a brand new 20-year lease with 4 (5-year) options to extend
  • Lease features 2% annual rental increases throughout the initial term and during each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by SQRL Holdings, LLC

Location Description

This newly renovated SQRL Fueling Station and convenience store is located along Sardis and features a drive thru and order at the pump options. The site is situated in a rural residential area providing a direct consumer base for the site to draw from. The 5-mile trade area is supported by 62,420 residents earning an average $55,898 annually. Mabelvale is a southwestern town in Pulaski...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: SQRL
  • Guarantor:Corporate
  • Company:SQRL Holdings, LLC
  • # Units:139
  • Stock:Private

About Tenant

SQRL Fuel operates gas stations with coffee-shop-like convenience stores. Their brand focuses on being family friendly and environmentally conscious as well as offering high quality products,...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 2,277 20,594 66,079
2023 Total Population : 2,261 20,065 64,302
2023 Employed Civilian Pop : 904 9,649 31,382
2023 Total Businesses : 27 514 1,645
2023 Average Household Income : $ 71,228 $ 72,278 $ 71,770
2023 Total Consumer Spending : $ 53 M $ 470 M $ 1566 M
2023 Median Age : 42 37 35
2023 Total Households : 856 7,466 24,954
2023 Pop Age 25+: Bachelor's Degree : 204 1,840 6,953
2023 Average Home Value : $ 212,664 $ 201,545 $ 198,692
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Sardis Rd Daniel Ln 2017 4,700 0.05 mi
SARDISRD 2020 4,800 0.08 mi
Sardis Road Daniel Ln 2021 4,500 0.08 mi
Heinke Road Johnson Rd 2021 1,300 0.56 mi
Sardis Road Branch Dell Dr 2021 4,100 0.65 mi
Heinke Road Sunrise Cir 2021 920 1.04 mi
North Sardis Road Ranson Dr 2021 3,500 1.08 mi
Vimy Ridge Rd County Line Rd 2017 10,000 1.46 mi
Alexander Road Village Dr 2021 2,400 1.47 mi
VIMYRIDGERD 2020 10,000 1.49 mi

Listing Broker

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