2080 N Washington St - Restaurant FOR SALE
Forrest City, AR 72335 |
$2,400,200 USD
332-278-5030
2080 N Washington St
Forrest City, AR 72335
HIGHLIGHTS
- Strong Franchisee & Corporate Guarantee | Carrols, LLC is Burger King’s largest franchisee with nearly 50 years of operating experience
- Longstanding Operational History and Strong Performance | Burger King has operated at this location for over nine years
- High Traffic Counts and Excellent Visibility | The subject property benefits from prominent frontage along North Washington Street
OVERVIEW
Surmount is pleased to present the exclusive listing for a Burger King located at 2080 North Washington Street, Forrest City, AR 72335. The site consists of roughly 2,860 rentable square feet of building space on an estimated 0.98-acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 1/6/2016. The current annual rent is $144,012 and has scheduled increases of 10.00% every 5 years.
FOR SALE DETAILS
PRICE
$2,400,200 USD
PRICE/SF
$839 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Burger King
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.98 AC
LAND SF
42,689 SF
ZONING
-
APN/PARCEL ID
0800-00211-0002
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332-278-5030
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Please correct the highlighted field(s).
332-278-5030
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