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Close of Escrow: O’Reilly Auto Parts in Jonesboro, AR
SIG is pleased to announce the recent Close of Escrow on O’Reilly Auto Parts located in Jonesboro, Arkansas.
Investment Highlights Include:
- Modified NNN Lease with Minimal Landlord Responsibilities
- 4 Years Remain on the Lease
- (4) x 5-Year Options to Renew
- 5% Rent Increase at Options
- Excellent Visibility with 170ft of Street Frontage on E. Johnson Ave with Nearly 20,000 Vehicles Per Day
- Located 2 Miles from Arkansas State University with a Current Enrollment of 13,500+ Students and 1,500+ Employees
- Neighboring Tenants Include: Bill’s Fresh Market, Dollar General, Family Dollar, Exxon, St. Bernards Clopton Clinic, St. Bernards Medical Center and UAMS Family Medical Center
Closing Price: $760,000
Closing CAP: 8.00%
Listing Agents: Chris Naylon and Kaveh Ebrahimi
For More Information Contact:
Chris Naylon
Lic #01839132
310.438.5525
cnaylon@SIGnnn.com
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