Cap Rate: 6.50%
Net Operating Income: $72,200
Square Footage: 2,240
This is an absolute net leased C-Store offering in Flippin, AR. This Exxon 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.
Flippin is a city in Marion County, Arkansas, United States. The population was 1,471 at the 2019 census.
The town was named for the Thomas Flippin family and was incorporated in 1921.