1012 Highway 62 E - Fast Food FOR SALE


Mountain Home, AR 72653
$2,500,000 USD
760-448-2449
1012 Highway 62 E, Mountain Home, AR for Sale
$2,500,000 USD
Fast Food - FOR SALE
1/11
null | 6.55% Cap Rate

1012 Highway 62 E
Mountain Home, AR 72653


HIGHLIGHTS

  • Long-Term Absolute Triple-Net (NNN) Lease – Built-In Rent Growth – 2021 Build-to-Suit Drive-Thru Prototype
  • Established National Tenant Operated by an Experienced Multi-Brand Franchisee – One the Largest Schlotzsky’s Franchisees
  • Prime Location Along Mountain Home’s Major Traffic Thoroughfares – Strong Traffic Counts Over 20,000 VPD and Convenient Access to Highways
  • Located within Premier Retail Corridor Anchored by Walmart Supercenter, Lowe’s, Home Depot, TJ Maxx, Hobby Lobby, Tractor Supply, Ulta, Five Below
  • Regional Healthcare, Retail, & Employment Hub – Located Near Baxter Health, Arkansas State University-Mountain Home, and Numerous Regional Employers

OVERVIEW

Lee & Associates and Bang Realty are pleased to present the exclusive offering of a fee simple interest in a newly constructed Schlotzsky's located in Mountain Home, Arkansas. The 2,183-square-foot quick service restaurant with drive-thru was built in 2021 on approximately 0.74 acres and is secured by a long-term Absolute NNN lease, providing truly passive ownership with no landlord responsibilities. The property is leased to Lotz of Bunz, LLC and DMFH Restaurant Enterprises, LLC, one of the largest Schlotzsky's franchisees, backed by a franchisee and personal guaranty. The experienced operator manages more than 30 Schlotzsky's locations across four states and approximately 80 restaurants across the Schlotzsky's, Freddy's, and Popeyes brands.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$1,145 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Schlotzsky's Deli

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

C-2

APN/PARCEL ID

007-14025-001

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.