201 E 1st Ave - Freestanding FOR SALE


Crossett, AR 71635
$500,000 USD
786-522-7013
201 E 1st Ave, Crossett, AR for Sale
$500,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

201 E 1st Ave
Crossett, AR 71635


HIGHLIGHTS

  • Opportunity for an Owner-User Investor to Take Over a BuiltOut Business (Kentucky Fried Chicken) Located in Crossett, Arkansas (Population 10,752)
  • Crossett, Arkansas Has Very Low Cost of Living Making it One of Most Affordable Places to Live in the U.S.
  • Colleges and Universities Close to this KFC Include UAM College of Technology-Crossett and The University of Arkansas
  • Kentucky Fried Chicken Located Nearby Ashley County Medical Center

OVERVIEW

Marcus and Millichap is pleased to present for sale this opportunity for an Owner-User Investor to take over a built-out restaurant business, Kentucky Fried Chicken restaurant located at 201 E. 1st Avenue in Crossett, Arkansas. Crossett is the largest city in Ashley County Arkansas with a population over 10,752. Georgia-Pacific Corporation and Georgia Pacific Resins Corporation are located in Crossett, Arkansas and employ over 660 people. The cost of living is extremely low in Crossett, making it one of the most affordable places to live in the U.S. A pleasant climate with warm summers and mild winters adds to the appeal of Crossett, Arkansas. Colleges and universities in close vicinity to this Kentucky Fried Chicken include UAM College of Technology-Crossett and The University of Arkansas. Also located nearby is Ashley County Medical Center. Only a short 8 mile drive from this property is the Felsenthal National Wildlife Refuge with 76,000 acres and water resources dominated by the Quachita and Saline Rivers and Felsenthal Pool and serving thousands of visitors each year. Many apartment complexes are located nearby this property including Oakhurst Apartments with 77 Units, Village Creek Apartments with 76 Units and Turtle Creek Apartments with 216 Units. KFC, also known as Kentucky Fried Chicken, is an American fast food restaurant chain that specializes in fried chicken, founded by Harland Sanders on March 30, 1930 in North Corbin, Kentucky. It is the world’s second largest restaurant chain (as measured by sales) after McDonald’s, with almost 30,000 locations globally in 150 countries and territories as of April 2024.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Vacant KFC - Crossett, AR

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

Commercial

APN/PARCEL ID

706-00117-000

ASK ABOUT THIS PROPERTY

Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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