Planet Fitness/Dollar Tree[FOR SALE]

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                            [value] => The property consists of a long-standing Dollar Tree (8,000 sqft) and a Planet Fitness (23,942 sqft). The new Planet Fitness has a good credit franchisee backed lease with 9 years remaining. Dollar Tree has been in this location since 11/21/2004 and is corporately backed with over 2.5 years remaining on their lease. This is a 100% depreciable leasehold investment with a preferable tax shelter. Please email Stuart Dalrymple at sdalrymple@ccim.net for inquiries. For a copy of the Offering Memorandum email Amber Walker at awalker@dcommercial.com

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Recent NN 10yr lease with Planet Fitness

Establish Dollar Tree with over 2.5 years remaining

Located conveniently along US Hwy 64

Excellently located across the street from Walmart and Lowe's

Great visibility and access from US 64 and E Race Ave. with  heavy traffic each day

2 Miles from Harding University

New roof installed on Planet Fitness in 2012 with 15yr transferrable warranty

 

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Recent NN 10yr lease with Planet Fitness

Establish Dollar Tree with over 2.5 years remaining

Located conveniently along US Hwy 64

Excellently located across the street from Walmart and Lowe's

Great visibility and access from US 64 and E Race Ave. with  heavy traffic each day

2 Miles from Harding University

New roof installed on Planet Fitness in 2012 with 15yr transferrable warranty

 

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Property Description: The property consists of a long-standing Dollar Tree (8,000 sqft) and a Planet Fitness (23,942 sqft). The new Planet Fitness has a good credit franchisee backed lease with 9 years remaining. Dollar Tree has been in this location since 11/21/2004 and is corporately backed with over 2.5 years remaining on their lease. This is a 100% depreciable leasehold investment with a preferable tax shelter. Please email Stuart Dalrymple at sdalrymple@ccim.net for inquiries. For a copy of the Offering Memorandum email Amber Walker at awalker@dcommercial.com
Property Type: Retail
Street Address: 3500-3504 E Race St
City: Searcy
State: Arkansas
Zip: 72143
Property Location: Conveniently located along US Hwy 64, directly off exit 46 on 67/167.
Asking Price: $2,845,000
Sq. Footage: 31,942
Traffic Count: 30,000 - 50,000 per day
Lot Size Acres: 3.5 AC Acres
Additional Highlights:

Recent NN 10yr lease with Planet Fitness

Establish Dollar Tree with over 2.5 years remaining

Located conveniently along US Hwy 64

Excellently located across the street from Walmart and Lowe's

Great visibility and access from US 64 and E Race Ave. with  heavy traffic each day

2 Miles from Harding University

New roof installed on Planet Fitness in 2012 with 15yr transferrable warranty