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| Price $1,400,000 | Built/Renov 2003 | Tenant Star Lube & Tire |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
2,000
| Lease Start
12-01-2023
| #Units
10
|
| Price/SF $700.00 | Expiration
11-30-2038
| Tenant Type Automotive |
| NOI $94,500 | R. Term 14.0 | Ownership Fee Simple |
| Rent/SF
$47.25
| Increases 10.0%/5/yrs | Pop 5Mi 67,586 |
| Lot/AC 0.40 | Options 4/5yrs/10% | AHHI 5Mi $108,111 |
| | |
Star Lube & Tire is strategically located along W. Centerton Blvd. (Hwy 102) with clear visibility and access to 26,000 vehicles passing by daily. Arkansas Highway 102 runs through the center of the city and leads east 5 miles to Bentonville and west 11 miles to Decatur. The subject property is in a dense affluent neighborhood with a population of 36,238 residents earning an above-average...
...Major thoroughfare
Strategically located
Highway location
Affluent AHHI $100K 5 Mi
Population increase trend
Brand new lease
Long operation history
Long 15+ yr lease
Absolute NNN
Corporate Guarantee
Magic Lube (dba Star Lube & Tire) is an American automotive oil change specialty shop. They specialize in full service oil changes, and routine vehicle maintenance including air conditioning,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 9,101 | 38,439 | 73,158 |
| 2023 Total Population : | 8,643 | 36,412 | 68,387 |
| 2023 Employed Civilian Pop : | 4,401 | 18,993 | 36,183 |
| 2023 Total Businesses : | 112 | 364 | 1,795 |
| 2023 Average Household Income : | $ 104,030 | $ 130,027 | $ 131,438 |
| 2023 Total Consumer Spending : | $ 275 M | $ 1384 M | $ 2767 M |
| 2023 Median Age : | 32 | 32 | 33 |
| 2023 Total Households : | 3,061 | 12,385 | 24,484 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,203 | 6,123 | 12,034 |
| 2023 Average Home Value : | $ 261,453 | $ 323,172 | $ 345,861 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| West Centerton Boulevard | Monroe St | 2021 | 14,000 | 0.53 mi |
| W Centerton Blvd | Monroe St | 2017 | 11,000 | 0.56 mi |
| E Centerton Blvd | Sienna Dr | 2013 | 18,000 | 0.60 mi |
| East Centerton Boulevard | Allen Rd | 2021 | 31,000 | 0.84 mi |
| North Vaughn Road | N Vaughn Rd | 2021 | 5,800 | 0.95 mi |
| North Main Street | Hoss St | 2021 | 10,000 | 0.95 mi |
| Seba Road | 2019 | 6,700 | 0.98 mi | |
| Seba Road | Lariat Dr | 2021 | 9,000 | 0.98 mi |
| Vaughn Rd | N Vaughn Rd | 2013 | 2,700 | 1.19 mi |
| Kimmel Road | Womack Rd | 2021 | 4,700 | 1.23 mi |
Saluda, SC
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Summerville, SC
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Atoka, TN
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Havertown, PA
Cap Rate 7.00%
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R. Term 9.70 yrs
Size/SF 2,566
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
