2071 Center st - Fast Food FOR SALE


Beebe, AR 72012
$3,090,000 USD
980-498-3293
2071 Center st, Beebe, AR for Sale
$3,090,000 USD
Fast Food - FOR SALE
1/6
null | 6.01% Cap Rate

2071 Center st
Beebe, AR 72012


HIGHLIGHTS

  • RARE, 15-YR & NNN LEASE STRUCTURE
  • EXCELLENT EXPOSURE ALONG MAIN THOROUGHFARE
  • CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT

OVERVIEW

RARE, 15-YR & NNN LEASE STRUCTURE - NNN lease with no annual maintenance and responsibilities limited only to GAAP denied Capital Repair and Replacement CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT - Starbucks has a Market Cap of$94.04B with over 40,199 locations worldwide (S&P: BBB+) RECENTLY CONSTRUCTED - New construction should limit an owner’s exposure to capital repairs during the hold period ATTRACTIVE RENTAL INCREASES - 10% rent increases every 5 years including option periods with no early termination EXCELLENT EXPOSURE ALONG MAIN THOROUGHFARE - Located just o? Interstate 57 that sees 30,000 VPD and is adjacent to the signalized intersection that sees 27,000 VPD STRONG MARKET & CO-TENANCY - The asset is located in a major retail submarket home to notable retailers Walmart, Petsense, and Tractor Supply

FOR SALE DETAILS

PRICE

$3,090,000 USD

PRICE/SF

$1,217 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

-

APN/PARCEL ID

004-03974-204-C

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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