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250 E Centerton Blvd - ABS. NET 20 YR CAR WASH | BONUS DEPRECIATION
5,968 SF Specialty Building Offered at $5,950,000 at a 7% Cap Rate in Centerton, AR 72719
Investment Highlights
- 20 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
- Bonus Depreciation - Fee Simple Ownership of a Car Wash Provides Significant Tax Savings to the Landlord via the Accelerated Bonus Depreciation Model.
- Densely Populated & Affluent Area: Household Income of $121k+ within a 3-Mile Radius and over 80k People Residing within a 5-Mile Radius.
- Brand New 2025 High Quality Construction. Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Splash Car Wash is the Largest and Rapidly Growing Car Wash Operator in the State of Arkansas w/ over 40k Members and performs 750k+ Washes Annually.
- Minutes from Walmart Global HQ - 350+ Acre Campus to support 14,000+ Employees - Recently unveiled Plans to fully Redevelop into a Campus.
Executive Summary
20 Year Absolute Net Lease Car Wash w/ favorable 1.5% Annual Increases | Brand New 2025 Construction | Qualifies for Accelerated Depreciation | Largest and Rapidly Growing Car Wash Operator in the State of Arkansas
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 Steve.Greer@MarcusMillichap.com
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 Steve.Greer@MarcusMillichap.com
Property Facts
| Price | $5,950,000 | Lot Size | 1.59 AC |
| Price Per SF | $997 | Construction Status | Under Construction |
| Sale Type | Investment | Building Size | 5,968 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Property Subtype | Car Wash | Parking Ratio | 2.18/1,000 SF |
| Building Class | B |
| Price | $5,950,000 |
| Price Per SF | $997 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.59 AC |
| Construction Status | Under Construction |
| Building Size | 5,968 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Parking Ratio | 2.18/1,000 SF |
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 06-00137-000 | Improvements Assessment | $0 |
| Land Assessment | $140,875 | Total Assessment | $140,875 |
PROPERTY TAXES
Parcel Number
06-00137-000
Land Assessment
$140,875
Improvements Assessment
$0
Total Assessment
$140,875
zoning
| Zoning Code | R-3 |
| R-3 |
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250 E Centerton Blvd - ABS. NET 20 YR CAR WASH | BONUS DEPRECIATION
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