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1710 S 46th Street - Red Lobster, Rogers, AR

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1710 S 46th Street - Red Lobster

Rogers, AR 72758-8077 - Greater Rogers Submarket

Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:-
Building Size:7,040 SF Land Area:1.97 AC (85,813 SF)
For Sale Price:$3,646,736 Price/SF:$518.00
Cap Rate:5.95 %
Parking:Ratio of /1,000 SF

Sale Notes:
Marcus & Millichap is pleased to present the exclusive listing for a Red Lobster property located in Rogers, Arkansas. The property consists of approximately 7,521 square feet of building space and is situated on approximately 1.97 acres of land. The property is subject to a 25-year Triple-Net (NNN) lease with 22 years remaining. The current rent is $216,981 and will continue to increase by 2.00% annually. The increases will continue through the four, five-year tenant renewal options.

Marcus & Millichap Inc
Matthew Anuszkiewicz
(212) 430-5100

Glen Kunofsky
(212) 430-5100

Marcus & Millichap Inc
Anne A Williams
(901) 620-3622

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