1401 E Main St - Freestanding FOR SALE
Russellville, AR 72801 |
$3,454,545 USD
858-373-3184
1401 E Main St
Russellville, AR 72801
HIGHLIGHTS
- Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2025 High Quality Construction.
- Positioned Along Area’s Major Traffic and Retail Corridor. Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 24k Vehicles.
- Subsidiary of Darden Restaurants, Inc.(NYSE: DRI | S&P: “BBB”) featuring Annual Revenue in Excess of $11.39 Billion.
- Olive Garden is One of America’s most Beloved Casual-Dining Chains with Approximately 930 Locations Across the U.S.
- Tourism and Outdoor Recreation Nearby – Russellville Draws Tourism from Lake Dardanelle, Mount Nebo, and Ozark National Forest.
- Minutes from Arkansas Tech University – The Third Largest Institution of Higher Learning in the State, which enrolls over 10k Students.
OVERVIEW
Olive Garden (Darden) | Absolute Net Ground Lease | Brand New 2025 High Quality Construction | Near Interstate 40 | Minutes From Arkansas Tech University | Limited Full-Service Italian Dining Competition Within the Trade Area
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$3,454,545 USD
PRICE/SF
$532 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
OLIVE GARDEN (DARDEN) | ABSOLUTE NET GROUND
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.64 AC
LAND SF
71,438 SF
ZONING
-
APN/PARCEL ID
863-30099-000C
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858-373-3184
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858-373-3184
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