A 4,958-SF gas station and convenience store development in Bentonville has a new owner after a $3.05 million transaction.
Cole Real Estate Investments of Phoenix through its Cole KG Bentonville (Central) AR LLC, bought the Kum & Go at 2811 E. Central Ave.
BRB Oil II LLC of Iowa City, Iowa, was the seller.
The building was built in 2010, and is leased through 2030.
The 2.07-acre location was acquired in August 2010 for $900,000 in a deal with Mor-Wise Investments LLC, led by Jeffrey Wisener.
The property appraised in 2012 for $1.51 million.
A bank-owned medical office development in Bentonville recently sold in a $1.95 million deal.
Premier Concepts LLC of Bentonville, led by Darren Horton, bought the Bentonville Professional Center at 2701 S.E. J St. at the intersection... [ MORE ]