About This Restaurant
Investment Highlights
15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. JAB Holding (Panera Bread?s Parent Company) owns some of the Most Famous Chains in the World and has a Net Worth of Approximately $26.9 Billion. Immediate Area Experiencing Major Growth: Fayetteville has been Ranked Among the Nation?s Fastest-Growing Places in the Most Recent Years. Directly Across from University of Arkansas - the Largest University in the State w/ 32k+ Students Enrolled. In Close Proximity to Numerous other Schools, including Fayetteville High (2,535+ Students), providing for an Increased Potential Customer Base. Site is located within the Opportunity Zone - An Investment Program that Offers Tax Incentives through a Qualified Opportunity Fund.
Executive Summary
Rare Corporate Panera Bread w/ Drive Thru @ University of Arkansas | 15 Year Absolute Net Lease | 2024 Renovation | Densely Populated Area | Within Area?s Major Retail & Traffic Corridor | Hard Corner | Immediate Area Experiencing Major Growth - Fayetteville is one of Fastest-Growing Cities in the United States | Opportunity ZoneArkansas 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 Freestanding Freestanding General Retail Fast Food General Retail Restaurant General Retail Storefront Freestanding
- Building Size 2,730
- Year Built 2011
- Price 3,684,211
- Price Per SF 1,350
- Cap Rate 4.75
- NOI 175,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.07
- Land Acres 0.85 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.
Nearby Amenities & Transportation
Retail | Torchy's Tacos | ||
Retail | Taco Bueno Restaurants | ||
Retail | Starbucks | ||
Retail | Panda Express | ||
Retail | Wingstop | ||
Retail | Waffle House | ||
Retail | Rent-A-Center | ||
Retail | Walmart Neighborhood Market | ||
Retail | Bank of America | ||
Retail | Chase |
Date Created: | 2024-07-16 04:09:19 | Last Updated: | 2024-07-16 04:09:19 |
Address: | 1634 W Mlk Jr Blvd , Fayetteville, Arkansas, 72701 |