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AT&T - Crossett, AR

$900,000

914 Unity Rd, Crossett, AR 71635

Cap Rate

6.67%

Square Feet

1800

Year Built/Renovated

2016

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

PROPERTY 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 lease commenced in 2016 and the current term extends through 2027. The tenant has four two-year renewal options with two 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).

Alex Wolansky, CCIM

MANAGING DIRECTOR INVESTMENTS
6.67%
713-452-4292

Gus N. Lagos

SENIOR MANAGING DIRECTOR INVESTMENTS
gus.lagos@marcusmillichap.com
713-452-4257

EXCLUSIVELY
LISTED BY
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