AT&T - Crossett, AR — Sale in Crossett, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Crossett, AR 71635

Investment Figures

Cap rate
7.06%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively offer for sale a freestanding AT&T store operated by Prime Communications, the largest AT&T Authorized Retailer in the United States. The subject property is located at 914 Unity Road in Crossett, Arkansas. The AT&T features a triple-net lease, with landlord responsibilities only consisting of roof and structure repair/replacement. This 1,800-square-foot, freestanding building fronts Highway 82, which sees 8,500 vehicles per day. The AT&T site is located in front of a Walmart Supercenter and is adjacent to a Popeyes restaurant. The original move-in date was 2016, and the current term extends five years from closing. The tenant has two five-year renewal options with 10 percent increases per renewal option. The lease is guaranteed by Prime Comms Retail, LLC, the largest AT&T authorized retailer in the nation (2,000 locations). Investment Highlights: • Lease Guaranteed by Prime Comms Retail LLC: Largest AT&T Authorized Retailer in the United States • Outparcel to Walmart Supercenter • Frontage to Highway 82 (Unity Road) • Triple-Net Lease

Market Context

This retail in Crossett, AR is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 86 days. Compare it against other retail listings for sale in Crossett, AR — view the full market.

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