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Maverik 2351 W Sunset Ave 4,968 SF Retail Building Springdale, AR 72762 $4,400,000 ($885.67/SF) 5.41% Cap Rate




INVESTMENT HIGHLIGHTS
- Located in the Northwest Arkansas MSA, a top 15th fastest growing in the U.S. (Bentonville, Fayetteville, Springdale, and Rogers)
- Positioned at a heavily trafficked signalized intersection (33,000+ vehicles per day) along West Sunset Avenue
- Absolute triple net lease with no landlord responsibilities
- Qualifies for 100% Bonus Depreciation (consult with your CPA)
- Densely populated area with over 70,000 people living within three miles
- 7.5% rental increases every 5 years (next increase on 1/1/2028)
EXECUTIVE SUMMARY
The Boulder Group is pleased to exclusively market for sale a single tenant Maverik property located in the booming Northwest Arkansas MSA. The property is located at a heavily trafficked signalized intersection (33,000 VPD) in Springdale, AR and is positioned one and one-half miles east of Interstate 49 (89,000 VPD). The surrounding area is densely populated with over 70,000 people living within three miles and is affluent with average annual household income of $104,000 in five miles. The Maverik is just north of the headquarters for Tyson Foods, which ranks #85 on the Fortune 500 list and is publicly traded with a $20B market capitalization. The Boulder Group is pleased to exclusively market for sale a single tenant Maverik property located in the booming Northwest Arkansas MSA. The property is located at a heavily trafficked signalized intersection (33,000 VPD) in Springdale, AR and is positioned one and one-half miles east of Interstate 49 (89,000 VPD). The surrounding area is densely populated with over 70,000 people living within three miles and is affluent with average annual household income of $104,000 in five miles. The Maverik is just north of the headquarters for Tyson Foods, which ranks #85 on the Fortune 500 list and is publicly traded with a $20B market capitalization.
Following their 2023 acquisition of Kum & Go, the store was recently rebranded to a Maverik demonstrating commitment to this location. The original twenty-year lease expires on December 31, 2032. The lease features 7.5% rental increases every five years with the next increase occurring on January 1, 2028. The absolute triple net lease has no landlord responsibilities. Maverik is an industry-leading convenience store chain with over 840 locations across 21 states. They’re widely regarded as one of the top convenience store operators in the country.
The property qualifies for 100% Bonus Depreciation. Investors are advised to consult with their CPAs.
Following their 2023 acquisition of Kum & Go, the store was recently rebranded to a Maverik demonstrating commitment to this location. The original twenty-year lease expires on December 31, 2032. The lease features 7.5% rental increases every five years with the next increase occurring on January 1, 2028. The absolute triple net lease has no landlord responsibilities. Maverik is an industry-leading convenience store chain with over 840 locations across 21 states. They’re widely regarded as one of the top convenience store operators in the country.
The property qualifies for 100% Bonus Depreciation. Investors are advised to consult with their CPAs.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,968 SF
Building Class
C
Year Built
2012
Price
$4,400,000
Price Per SF
$885.67
Cap Rate
5.41%
NOI
$237,943
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.22 AC
Zoning
CI
Parking
26 Spaces (5.23 Spaces per 1,000 SF Leased)
Frontage
200’ on Sunset Ave Ave
AMENITIES
- Corner Lot
- Signalized Intersection
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 815-29000-000 | Improvements Assessment | $435,360 |
Land Assessment | $63,120 | Total Assessment | $498,480 |
PROPERTY TAXES
Parcel Number
815-29000-000
Land Assessment
$63,120
Improvements Assessment
$435,360
Total Assessment
$498,480
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Maverik | 2351 W Sunset Ave
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