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 Minutes from McCain Mall - Arkansas? Largest Enclosed Shopping Center anchored by Dillard?s, JCPenney and Regal Cinema and features over 80 Specialty Ideally Positioned w/in a Dense Retail Corridor with many nearby National/Credit Tenants including The Home Depot, Academy Sports, Lowe?s, Sam?s Club, Positioned Along Area?s Major Traffic and Retail Corridor. Hard Corner Location - Features Easy Access and Excellent Visibility via a Large Monument S Walking Distance from CHI St. Vincent North - more than 200 Coworkers and Physicians at the Facility Provide Medical Care for Sherwood, North Little R Dairy Queen is Near Numerous Single-Family Communities and Multi-Family Complexes, providing a Direct Residential Consumer Base. More than 89k Residen
Executive Summary
15 Year Absolute Net Sale Leaseback | Features 2% Annual Rental Increases | Adjacent to CHI St. Vincent North Medical Center | Minutes from McCain Mall - Largest Enclosed Shopping Center in Arkansas | Hard Corner LocationArkansas Broker of Record: Anne Williams | License: PB00066390
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Fast Food General Retail Freestanding General Retail Storefront Restaurant
- Building Size 3,313
- Building Class B
- Year Built 2016
- Price 2,685,382
- Price Per SF 811
- Cap Rate 5.50
- NOI 147,696
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.07
- Land Acres 1.17 AC
Amenities
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 23S-048-00-042-03 | Improvements Assessment | $132,556 |
| Land Assessment | $197,594 | Total Assessment | $330,150 |
| Date Created: | 2024-07-16 04:09:20 | Last Updated: | 2024-07-16 04:09:20 |
| Address: | 1550 Country Club Rd , Sherwood, Arkansas, 72120 | ||