Cap Rate: 6.50%
Net Operating Income: $72,000
Square Footage: 5,227
This is an absolute net leased C-Store offering in Midway AR. This Citgo branded station has a new 20 year absolute NNN lease and calls for 1.75% annual increases in rent. The lease is corporately guaranteed by a leading 462-unit operator.
Midway is a census-designated place in Baxter County, Arkansas, United States. Midway is 5.5 miles (8.9 km) northwest of Mountain Home. Midway has a post office with ZIP code 72651.
Midway is at the intersection of Highway 5, Highway 126 and Highway 178. Highway 5 provides access to Mountain Home to the east and extends about eight miles to the north to the Arkansas - Missouri border. Highway 126 provides access to the Baxter County Regional Airport to the south and on to Gassville. Highway 178 provides access to Lakeview, Bull Shoals and the Bull Shoals Lake to the west