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101 SW Texas St
Hoxie, AR 72433

$600,000 USD

Service Station For Sale  •  8,370 SF

Property Details

  • Property Type Service Station
  • Total Building Size 8,370 SF
  • Lot Size 0.9 AC
  • Building Class C
  • Year Built 1986
  • Cap Rate 8.00 %
  • Tenancy Single
0 Transit Score
19 Walk Score

Highlights

ABSOLUTE TRIPLE NET LEASE STRUCTURE: This Deal Features a 17+ Year Absolute Triple Net Lease, Placing All Responsibility on the Tenant
RENTAL INCREASES: The Lease Incorporates 2% Annual Rent Escalation, Allowing the Landlord to Benefit From the Growth in Property Value
LOCATION: Strategically Located in Close Proximity To Hoxie's City Hall, The Main Retail Corridor and US Highway 63 & 67
TRAFFIC: This Location Features a C-Store With Several Retail Tenants & Sits On Southwest Texas Street (Over 8,000 Vehicles Per Day)
TAX INCENTIVES: C-Store Investments Offer Increased Depreciation Expenses Providing For a Major Tax Incentive Bonus (Consult Your CPA)
NATIONAL RETAILERS: Surrounded By National Credit Tenants Such As: McDonald's, O'Reilly Auto Parts, Walmart, Tractor Supply, Dollar General, etc.
Cap Rate: 8.00 %

Public Transportation

Commuter RailDriveWalkDistance
Walnut Ridge Amtrak Station (Texas Eagle - Amtrak) 2 min - 1.5 mi
Matt Sawyer 678-713-4959 Sands Investment Group Atlanta, LLC
Matt Sawyer 678-713-4959 Sands Investment Group Atlanta, LLC