145 Brownsville Loop - Fast Food FOR SALE
Lonoke, AR 72086 |
$1,940,000 USD
858-373-3184
145 Brownsville Loop
Lonoke, AR 72086
HIGHLIGHTS
- Backed by a Strong Corporate Guarantee - Long Term Absolute Net Lease (Zero Landlord Responsibilities).
- Featuring 7.5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
- Burger King, one of the World’s Largest Quick-Service Restaurant Brands with 19,700+ Locations.
- Restaurant Brands International, one of the World’s Largest Quick-Service Restaurant Companies, generates $45B in Annual Sales across 32k Restaurants.
- Lonoke Serves as a Key Gateway Community between Little Rock and Eastern Arkansas.
- Positioned Along Area’s Retail & Traffic Corridor: Features Easy Access and Excellent Visibility Along Brownsville Loop and Highway 31.
OVERVIEW
Corp. Burger King w/ Drive Thru | Long Term Absolute Net Lease | Strategic I-40 Corridor Location | Hard-Corner Site Along Brownsville Loop & Hwy 31 | Immediate Access to Interstate 40 – a Key East-West Artery Connecting Little Rock & Memphis | Adjacent to Walmart Supercenter | Minutes from Downtown Little Rock
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
$1,940,000 USD
PRICE/SF
$652 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CORP. BURGER KING W/ DR-THRU | ABSOLUTE NET
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.49 AC
LAND SF
64,904 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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858-373-3184
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858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
