Car-Mart - Little Rock, AR
SHOP Companies is pleased to exclusively offer for sale the absolute net leased America’s Car-Mart of Little Rock. This 4,353 SF retail office on 1.62 acres has been operated by America’s Car-Mart (NASDAQ: CRMT) as a buy-here, pay-here auto dealership for over 29 years. There are 5+ years remaining on the current 8-year term, which commenced on January 1, 2020. Car-Mart of Little Rock has operated continuously at this location since 1993 and has two remaining 5-year options to extend.
Car-Mart of Little Rock is ideally positioned with excellent visibility on S. University Ave (41,000 VPD), in the vicinity of other auto dealerships and body shops. Headquartered in Rogers, Arkansas, America’s Car-Mart operates 154 automotive dealerships in twelve states and is one of the largest publicly-held automotive retailers in the United States, focused exclusively on the “Integrated Auto Sales and Finance” segment of the used car market. The company operates its dealerships primarily in smaller cities throughout the South-Central United States, selling quality used vehicles and providing financing for substantially all of its customers.