Retail Business for Sale in Lake Village, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Lake Village, AR 71653

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 923 Highway 65 in Lake Village, 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 11,923 vehicles per day. The AT&T site is located across from McDonalds, along the main thoroughfare of Lake Village. 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 • Frontage to Highway 82: Main Thoroughfare of Lake Village, Arkansas • Across From McDonald's • Triple-Net Lease

Market Context

This retail in Lake Village, 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 54 days. Compare it against other retail listings for sale in Lake Village, AR — <a href="/search/sale/retail/arkansas/lake-village">view the full market</a>.

Contact

Explore this market

Similar Retail Business for Sale in Lake Village, AR