2220 EAST PARKWAY RUSSELLVILLE, AR 72802.

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Presentation transcript:

2220 EAST PARKWAY RUSSELLVILLE, AR 72802

For Additional Information Contact: Moore & Co., Realtors Tony Moore Broker/Co-Listing Agent 479-968-3300 tmoorerealtors@gmail.com Tara Dollar Kelley Co-Listing Agent 479-264-4247 tdkrealtor@gmail.com

OFFERING OVERVIEW Offering for sale a Triple Net Lease Starbucks in Russellville, Arkansas. Property address is 2220 East Parkway, Russellville, AR 72801. Russellville is centrally located in the state of Arkansas. Approximately just over an hour Northwest of Little Rock (the state capital). The property is one half mile South of I-40 at the major signaled intersection of Parkway/Weir Road. Traffic Count over 16,000 daily

Built: 2007 Square Feet: 1834 Lot Size: 22,216 SQ FT Zoning: C-1 Building Information Built: 2007 Square Feet: 1834 Lot Size: 22,216 SQ FT Zoning: C-1

Business Adjacencies Wal-Mart Buffalo Wild Wings Steak & Shake Popeye’s Subway McAlister’s Deli Aspen Dental Diamond Bank Bank of the Ozarks Regions Bank

Lowe’s Home Improvement Business Adjacencies Within 1 Mile: TJ Maxx JC Penny Ross Dress for Less Hobby Lobby PetsMart Rue 21 Lowe’s Home Improvement McDonald’s Chick-fil-A

Map

Russellville, Arkansas Thriving Community located centrally between the Ozark and Ouachita Mountains. Established institutions: Arkansas Tech University, Arkansas Nuclear One, and Lake Dardanelle State Park. Leading Fortune 500 business operating in Russellville include Tyson, Con-Agra, and Firestone Non-commercial air service at the Russellville Regional Airport Population 27,920 (based on 2010 census information) Population count does not include the over 11,000 students at Arkansas Tech University Size: 28.3 square miles

5 year early termination clause Offering Information Offering Price: $1,399,000 CAP Rate: 6.23% Triple Net Lease 10 Year Lease: June 2027 5 year early termination clause Approx NOI: $87,200 Recorded Common Parking Easement w/ Buffalo Wild Wings for an abundant amount of parking

Photos of Property