7801 Rogers Ave
Fort Smith, AR 72903
Kohl’s
| Offering Summary | |||
|---|---|---|---|
| Price | $10,856,307 | Cap Rate | 6.50% |
| NOI | $705,660.00 | Rentable SF | 62,117 SF |
| Lot Size | 4.84 +/- Acres | Year Built | 2017 |
| Lease Type | NNN | Lease Term | 9 Years |
Investment Highlights
- Kohl’s Has Occupied This Location Since 1999
- New 15-Year Lease with Rental Increases Signed in 2017, Demonstrating Their Long-Term Commitment to the Location
- Assumable Financing Available w/ 5.30% Interest Rate
- Transferable Roof Warranty in Place Until 2030
- Excellent Visibility with 30,000 Vehicles Per Day on Rogers Ave
- Corporately Guaranteed Lease by Kohl’s (NYSE: KSS)
- Strategically Located in Dense Retail Trade Area w/ 77,000 Residents in 5-Miles and Close Proximity to 336-Bed Hospital
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com
Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com