306 Bancario Rd - Fast Food FOR SALE


Marion, AR 72364
$2,898,216 USD
310-750-7175
306 Bancario Rd, Marion, AR for Sale
$2,898,216 USD
Fast Food - FOR SALE
1/3
null | 6% Cap Rate

306 Bancario Rd
Marion, AR 72364


HIGHLIGHTS

  • Long-Term Net Lease
  • Built-In Rent Growth
  • Established National QSR Tenant
  • Strategic Highway Retail Location

OVERVIEW

Surmount is pleased to present the exclusive listing for a Zaxby's located at 306 Bancario Road, Marion, AR 72364. The site consists of roughly 3,258 rentable square feet of building space on an estimated 1.07-acre parcel of land. Zaxby's is subject to a 20-year Triple Net (NNN) lease, which commenced 1/15/2022. The current annual rent is $173,893 and has scheduled increases of 2.00% Annually Starting Year 7.

FOR SALE DETAILS

PRICE

$2,898,216 USD

PRICE/SF

$890 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Zaxby's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,393 SF

ZONING

-

APN/PARCEL ID

222-200800-100

ASK ABOUT THIS PROPERTY

Kyle GulockSurmountMore Info
310-750-7175

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Kyle GulockSurmountMore Info
310-750-7175

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