2110 Arkansas 5 - Fast Food FOR SALE


Benton, AR 72019
$3,507,000 USD
678-904-2024
2110 Arkansas 5, Benton, AR for Sale
$3,507,000 USD
Fast Food - FOR SALE
1/7
null | 6.5% Cap Rate

2110 Arkansas 5
Benton, AR 72019


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | Brand New Construction | Growing Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Out-parcel to Kroger | Dense Retail Corridor | Strong National/Credit Tenant Presence | Arkansas Heart Hospital
  • Along Hwy 5 (18,000 VPD) | Interstate 30 (103,000 VPD) Excellent Visibility
  • Strong Demographics in 5-mile Trade Area | Six-Figure Incomes

OVERVIEW

• The tenant just signed a brand new 15-year lease with 8 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and hedging against inflation • The newly constructed site features a state-of-the-art design with high-quality materials • Layne’s Chicken has more than 40 locations open with expansion underway, bringing its signature chicken finger experience to communities nationwide

FOR SALE DETAILS

PRICE

$3,507,000 USD

PRICE/SF

$1,581 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Layne's Chicken Fingers - Benton AR

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

-

APN/PARCEL ID

800-36930-016

ASK ABOUT THIS PROPERTY

Sam WilsonSRS Real Estate PartnersMore Info
678-904-2024

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Sam WilsonSRS Real Estate PartnersMore Info
678-904-2024

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