1636 S 48th St - Restaurant FOR SALE


Springdale, AR 72762
$4,251,250 USD
314-775-8484
1636 S 48th St, Springdale, AR for Sale
$4,251,250 USD
Restaurant - FOR SALE
1/6
null | 5.75% Cap Rate

1636 S 48th St
Springdale, AR 72762


HIGHLIGHTS

  • Strong Sales - Healthy rent-to-sales ratio below 5%
  • Roof Replaced 2025
  • New HVAC System
  • Long-Term Historical Occupancy & Commitment
  • Three 5-Year Options
  • Annual Rent Increases

OVERVIEW

Marketplace Grill is a high-revenue, family-oriented, single-tenant casual dining restaurant operating under a NNN lease in Springdale, Arkansas. The restaurant has operated as Marketplace Grill continuously for over 30 years at this location since its 1995 construction and was acquired by Clean Plate Restaurants in 2018. Sales at this location are exceptionally strong, supporting a healthy rent-to-sales ratio of below 5%. With more than seven years remaining on the current lease term and clear indicators of the tenant’s long-term commitment, this property offers investors a secure, stable income stream backed by a proven and successful operator. The roof is currently being replaced, and the HVAC system was replaced just a few years ago—with the tenant paying for half of that upgrade. As outlined in the lease, the landlord’s maintenance responsibilities are limited to sharing the cost of roof and HVAC replacements on a 50/50 basis with the tenant. These recent shared investments in property improvements further underscore the tenant’s dedication to the site and its long-term operational commitment.

FOR SALE DETAILS

PRICE

$4,251,250 USD

PRICE/SF

$423 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MarketPlace Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

C-2

APN/PARCEL ID

815-30075-060

ASK ABOUT THIS PROPERTY

Ryan SchmidtIEB Real EstateMore Info
314-775-8484

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Ryan SchmidtIEB Real EstateMore Info
314-775-8484

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