DAIRY QUEEN w/ DR-THRU | 2% ANNUAL INCREASES 2014 AR-5

2014 -5 , Benton, Arkansas, 72019 | 3,372 sq.f | $ 3,369,763

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About This Restaurant

Investment Highlights

15 Year Absolute Net Sale Leaseback (Zero Landlord Responsibilities) Featuring 2% Annual Rental Increases throughout the Initial Term and Options. Thi Affluent Area: Features an Average Household Income of more than $82k within a 3-Mile Radius. 69k+ Residents and 21k+ Employees Support the Trade Area Other Nearby National/Credit Tenants include T.J. Maxx, Petco, Kohl?s, Walmart Supercenter, Target, Petco and many more, further increasing Consumer T Positioned Along Area?s Major Traffic and Retail Corridor. Features Easy Access and Excellent Visibility via a Large Monument Sign and Significant Str Ideally Positioned as an Outparcel to Hurricane Creek Village, a 198k+ SF Center Anchored by Kroger. In addition, the Site is w/in walking distance to Near Numerous Single and Multi-Family Complexes including Dogwood Lakes (276 units), The Greens at Hurricane Creek (576 units), The Greens at Longhill

Executive Summary

15 Year Absolute Net Sale Leaseback | Features 2% Annual Rental Increases | Outparcel to Hurricane Creek Village | Nearby Shopping Centers | Strong National/Credit Tenant Presence | Located Along Highway 5 | Direct Residential Consumer BaseArkansas Broker of Record: Anne Williams | License: PB00066390

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Fast Food General Retail Restaurant General Retail Storefront Freestanding
  • Building Size    3,372
  • Building Class    B
  • Year Built    2018
  • Price    3,369,763
  • Price Per SF    999
  • Cap Rate    5.90
  • NOI    198,816
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.08
  • Land Acres    1.01 AC

Nearby Amenities & Transportation

Retail Kroger
Retail Newk's Eatery
Retail Tacos 4 Life
Retail Starbucks
Retail Chili's
Retail Taco Bueno
Retail Panda Express
Retail Orangetheory Fitness
Retail Mcalister's Deli
Retail Texas Roadhouse

Property Taxes

Parcel Number 800-36930-007 Improvements Assessment $121,200
Land Assessment $160,043 Total Assessment $281,243
Date Created: 2024-07-16 04:09:20 Last Updated: 2024-07-16 04:09:20
Address: 2014 -5 , Benton, Arkansas, 72019