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. Features Easy Access and Excellent Visibility via a Large Pylon Sign and Significant Street Frontage w/ Daily Traffic Counts Exceeding 12k Vehicles. Down the Street from Tyson Foods Food Processing & Distribution Center - One of the Worlds Leading, Publicly Owned Processor and Marketer of Meats. This Building Features a Drive-Thru. Positioned Along Area?s Traffic and Retail Corridor. Immediate Access to/from I-40 (30k+ VPD). Surrounded by Numerous National Retailers and Restaurants including Walmart, Atwoods, Harp?s Food Stores, McDonald?s, KFC, Arby?s, Wendy?s, etc Near Johnson Regional Medical Center - a 90-Bed Facility serving the Population of Johnson, Logan, Franklin and Pope Counties.
Executive Summary
15 Year Absolute Net Sale Leaseback | Features 2% Annual Rental Increases | Immediate Access to/from I-40 | Minutes from University of the Ozarks, Johnson Regional Medical Center, Tyson Foods Food Processing & Distribution Center and Clarksville AirportArkansas Broker of Record: Anne Williams | 5100 Poplar Ave., Ste. 2505 Memphis, TN 38137 | P: (901) 620-3622 | Lic #: PB00066390 Anne.Williams@MarcusMillichap.com
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant General Retail Storefront Fast Food
- Building Size 3,207
- Building Class C
- Year Built/Renovated 1991/2022
- Price 2,333,333
- Price Per SF 728
- Cap Rate 6
- NOI 140,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 0.96 AC
Amenities
- Freeway Visibility
- Restaurant
- Drive Thru
Property Taxes
Parcel Number | 002-01931-000C | Improvements Assessment | $59,150 |
Land Assessment | $21,460 | Total Assessment | $80,610 |
Date Created: | 2024-07-16 04:09:20 | Last Updated: | 2024-07-16 04:09:20 |
Address: | 1222 S Rogers St , Clarksville, Arkansas, 72830 |