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142 Main St - ABS. NET 20 YR CAR WASH | BONUS DEPRECIATION

5,968 SF Specialty Building Offered at $7,574,793 CAD at a 7% Cap Rate in Farmington, AR 72730

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.
  • Minutes from the University of Arkansas - the Largest University in the State with 27k+ Students Enrolled.
  • 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.
  • Immediate Area Experiencing Major Growth: The City of Farmington, part of Fayetteville, has been Ranked Among the Nation’s Fastest-Growing Places.

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

Property Facts

Price $7,574,793 CAD
Price Per SF $1,269 CAD
Sale Type Investment NNN
Cap Rate 7%
Property Type Specialty
Property Subtype
Car Wash
  • General Retail Service Station
  • General Retail Storefront Retail/Office
Building Class B
Lot Size 2.31 AC
Construction Status Under Construction
Building Size 5,968 SF
No. Stories 1
Year Built 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 760-01126-000
  • 760-01127-000
  • 760-01124-000
  • 760-01120-000
  • 760-01123-000
  • 760-01119-000
  • 760-01121-000
  • 760-01122-000
Land Assessment
$86,371 CAD
Improvements Assessment
$0 CAD
Total Assessment
$86,371 CAD
  • Listing ID: 33676146

  • Date on Market: 2024-10-29

  • Last Updated:

  • Address: 142 Main St, Farmington, AR 72730

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