Investment Highlights
10-Year Absolute NNN Lease | Virtually No Landlord Responsibilities
New Construction Site Anchored by the #1 Kroger in Arkansas by Store Visits | 1.41 Million Visits Recorded in the Past Year (source: Placer.ai)
Located at Main Rear Entrance to New Kroger | Access to Significant Cross-Traffic at Kroger Gas Station
HTeaO is one of the Fastest-Growing Franchisors in the Nation | 240% Revenue Growth in the Past 2 Years
New Construction Drive-Thru, Land & Building Site | Excellent Visibility to Highway AR-5
High-Growth Arkansas Market | Population has Increased 29% within 1-Mile Radius since 2010
Executive Summary
Pegasus Investments Real Estate Advisory Inc, in association with ParaSell, Inc., as exclusive investment advisors to the seller, are pleased to present the opportunity to acquire a newly constructed HTeaO drive-thru store located in Benton, Arkansas. The property is secured by a new 10-year absolute NNN lease to HTeaO, and carries a personal guaranty from the high-net-worth franchisee. The property is a fee simple, land and building offering, with the full benefits to the potential new owner of direct real estate ownership. Paired with the extremely landlord-favorable lease, the property offers an incredible opportunity to invest in the burgeoning Benton, Arkansas market. The property is located on at the entrance to the #1 top-ranked Kroger supermarket in the state of Arkansas by store visits (source: Placer.ai). The property is directly across from the Kroger fueling station, allowing it to benefit from a constant stream of vehicle traffic. Additionally, the Hurricane Village Shopping Center that Kroger and subject HTeaO sit within is ranked in the top 20% of all community shopping centers in the U.S. (source: Placer.ai), further exemplifying not only the importance, but the success of retail in this area. Furthermore, the property benefits from direct frontage to the AR-5 highway, which connects directly to Interstate 30, central Arkansas? primary thoroughfare connecting Little Rock to Dallas via Benton. The AR-5 corridor has received a large amount of new development in recent years, including the brand-new Arkansas Heart Hospital Encore Medical Center directly east. The $55 million development features four stories with a range of medical specialty disciplines and has spurred additional medical development and tenancy in the immediate area.
