Cap Rate: 6.50%
Net Operating Income: $75,800
Square Footage: 3,840
This is an absolute net leased C-Store offering in Gassville, 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.
Gassville (formerly Mount Pleasant and Turkey’s Neck) is a city in Baxter County, Arkansas, United States. According to the 2010 census, the city population was 2,078.
Major Highways include US 62/US 412, Arkansas Highway 126, and Arkansas Highway 345.