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Valero

203 U.S. Highway 62, Alpena, Arkansas, USA
$1,110,769 6.50% Cap 2,828 sq ft Representative Photo Print This Page

Location

203 U.S. Highway 62, Alpena, Arkansas, USA

Price: $1,110,769
Cap Rate: 6.50%
Net Operating Income: $72,200
Square Footage: 2,828
Lot Size: 0.23 AC

100% Fee Simple InterestAbsolute NNN LeaseAnnual IncreasesCorporate GuaranteeStrong and Experienced OperatorZero Landlord Obligations

This is an absolute net leased C-Store offering in Alpena, AR. This Valero 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.

Alpena is a town in Boone and Carroll counties in the U.S. state of Arkansas.
The Boone County portion of Alpena is part of the Harrison Micropolitan Statistical Area.

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