3855 Treat Lane

Springdale , AR 72762

MLS#: 1195475

$999,000

Status: Closed
Listing number: 1195475
Listing provided by: Keller Williams Market Pro Realty Branch Office
Listing agent phone: None
Last update: 4 years ago
On site: 4 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

10,800

Looking for a great turnkey investment property with a solid Fortune 500 Company tenant already in place until 2026? You found it! This newer 10,800 sqft building is the home of a Sherwin Williams Operation who spent about $250,000 of their own funds renovating the building exactly to their liking! The 10-year primary Triple Net Lease started in 2016 and was written with additional three 5-year options to extend the Lease, each with an agreed upon rent increase! Sitting at 162 in the Fortune 500 Company index; Sherwin Williams has been in business since 1875 and seems to be galvanized against the current turmoil plaguing many other different business sectors in the country having first quarter net sales in 2021 up 8.6% year over year! The building is situated on 1.03 Acres of land in a great area conveniently close to I-49 (67K VPD), which is less than a mile away, and North 40th Street, a highly traveled road in town with over 11,000 VPD! Act now and add this fantastic investment opportunity to your portfolio!

Features & Amenities

Interior

  • Other Interior Features

    High Speed Internet

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Aluminum Siding

  • Other Exterior Features

    Storage

  • Parking

    Parking Lot, Garage Door Opener

  • Pool

    No

Area & Lot

  • Lot Features

    City Lot, Interior Lot

  • Lot Size(acres)

    1.03

  • Property Type

    Commercial Sale

  • Property Sub Type

    Warehouse

Price

  • Sales Price

    $999,000

  • Tax Amount

    3731.0

  • Zoning

    Commercial

  • Sq. Footage

    10, 800

  • Price/SqFt

    $92

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

  • Tax Lot

    4

  • Water Source

    Public

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Location

County

Washington

Elementary School

Middle School

High School

Listing Courtesy of Salmonsen Group Realtors , Keller Williams Market Pro Realty Branch Office

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Agent Lura Kitchens

REALTOR®

Lura Kitchens

Call Lura today to schedule a private showing.

(479) 264-4814

lura@arkwest.com


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Looking for a great turnkey investment property with a solid Fortune 500 Company tenant already in place until 2026? You found it! This newer 10,800 sqft building is the home of a Sherwin Williams Operation who spent about $250,000 of their own funds renovating the building exactly to their liking! The 10-year primary Triple Net Lease started in 2016 and was written with additional three 5-year options to extend the Lease, each with an agreed upon rent increase! Sitting at 162 in the Fortune 500 Company index; Sherwin Williams has been in business since 1875 and seems to be galvanized against the current turmoil plaguing many other different business sectors in the country having first quarter net sales in 2021 up 8.6% year over year! The building is situated on 1.03 Acres of land in a great area conveniently close to I-49 (67K VPD), which is less than a mile away, and North 40th Street, a highly traveled road in town with over 11,000 VPD! Act now and add this fantastic investment opportunity to your portfolio!

3855 Treat Lane

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