Jiffy Lube Fort Smith, AR

8301 Phoenix Ave
Fort Smith, AR

Price: $2,762,000
Cap Rate: 5.55%
NOI: $153,290
Building Size: Approx. 4,042 Sq. Ft.
Lot Size: Approx. 1.32 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2020

Investment Overview

  • 2020 Construction 4,042+/- SF Building on 1.32 +/- Acre Site
  • New Corporate Absolute NNN Lease with 10% rent increases every 5-years, starting year 6 in primary term and year 16 in options
  • Strategically located on the Southeast corner of Phoenix Ave. and Massard Rd. (35,000 VPD)
  • Close proximity to retail dense area with stores such as Sam’s Club, TJ Maxx, Aldi and Lowe’s improvement store
  • 1-mile from Fort Smith Regional Airport (10,000 passengers) | 1.5-miles away from Mercy Hospital (336 Beds)