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Investment Offering
Jonesboro, AR - Kum & Go
3418 E Johnson Ave
|
Jonesboro
,
AR
72405
Overview
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1031?
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Overview
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1031?
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Overview
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1031?
$7,323,000
Price
5.5%
Cap Rate
$402,750
NOI
5,714
± SF Offering GLA
1.75
± AC Land Area
Description
Kum & Go is guaranteeing the lease
20-Year lease with 16+ years remaining
The lease has 7.50% rent bumps every 5 years and four, five-year option periods
Location
Property is located near Arkansas State University, the 2nd largest University in the state of Arkansas with enrollment over 14,903 students.
Dense retail corridor with tenants Shipley’s Donuts, Burger King, First National Bank, Burger King, Dollar Tree, Tropical Smoothie and more
1-Mile from NEA Baptist Hospital, the second largest hospital in Jonesboro with 228 beds
Subject property is near Jonesboro Municipal Airport with over 20,156 yearly flights
0
Contact
Jeff Kemp
Commercial Realty
[email protected]