Tropical Smoothie Caf? | Conway, AR 175 E Oak St

Investment Highlights

14+ YEARS REMAINING ON ABSOLUTE TRIPLE NET (NNN) LEASE DYNE HOSPITALITY GROUP ? LARGEST FRANCHISEE IN TSC SYSTEM EXCELLENT SITE-LEVEL VISIBILITY & ACCESS - East Oak Street has 29,726 VPD & I-40 has daily traffic counts exceeding 63,000 per day. AWARD-WINNING FAST CASUAL BRAND - Leader in the smoothie/juice fast casual restaurant industry with over 1,335 locations across 44 states. STRATEGICALLY LOCATED - location adjacent to a Kroger-anchored grocery center & directly across from the Faulkner Plaza Shopping Center ?THE CITY OF COLLEGES?- Home to 3 universities: University of Central Arkansas, Hendrix College & Central Baptist College

Executive Summary

PRICE: $2,083,333CAP RATE: 6.00%NOI: $125,000LEASE TERM: 14 YearsGUARANTEE: 100+ Unit Operator

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Fast Food General Retail Restaurant General Retail Storefront Freestanding
• Building Size    1,558
• Building Class    B
• Year Built    2021
• Price    2,083,333
• Price Per SF    1,337
• Cap Rate    6
• NOI    125,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.07
• Land Acres    0.50 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Corner Lot
• Restaurant
• Signage
• Drive Thru
• Monument Signage