2308 Linwood Dr - Retail FOR SALE


Paragould, AR 72450
$1,300,000 USD
870-800-4593
2308 Linwood Dr, Paragould, AR for Sale
$1,300,000 USD
Retail - FOR SALE
1/9
null | 6.58% Cap Rate

2308 Linwood Dr
Paragould, AR 72450


HIGHLIGHTS

  • Quality Real Estate: Prime site on a dominant retail/restaurant corridor
  • Small Deal Size: Sub-$2MM opportunity with strong cash flow
  • Secure Income: 10-year lease term with renewal option in place
  • Stable Tenant: New Hunan Cuisine Inc. operating under a gross lease
  • Growing Market: Paragould continues to expand with new development and strong demand
  • Low Management: Minimal landlord obligations - tenant handles utilities, janitorial, and interior

OVERVIEW

We are pleased to present a premier investment opportunity at 2308 Linwood Drive, Paragould, Arkansas. This leased restaurant property offers investors the chance to own a stabilized, income-producing asset in one of Northeast Arkansas' fastest-growing markets. Positioned along Highway 49/Linwood Drive, one of Paragould's most active commercial corridors, the property benefits from excellent visibility, accessibility, and surrounding growth. With rapid retail and restaurant development in the area, this location is poised for continued appreciation. Property Overview: Long-Term Lease: Feng Huang (operating New Hunan Cuisine Inc.) committed through September 2035 Strong Lease Structure: $7,500/month gross lease with tenant responsible for utilities and interior upkeep Secure Income Stream: $90,000 annually, totaling $907,500 over the primary lease term Renewal Option: Tenant has the right to extend at $7,500/month Low Landlord Responsibility: Landlord maintains structural/exterior; tenant handles day-to-day

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

6.58%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High-Profile Restaurant Investment

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1001-11130-029

ASK ABOUT THIS PROPERTY

Jordan LeathermanHaag Brown CommercialMore Info
870-800-4593

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Jordan LeathermanHaag Brown CommercialMore Info
870-800-4593

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