4172 Elm Springs Rd - Fast Food FOR SALE


Springdale, AR 72762
$2,400,000 USD
480-221-4221
4172 Elm Springs Rd, Springdale, AR for Sale
$2,400,000 USD
Fast Food - FOR SALE
1/4
null | 4.95% Cap Rate

4172 Elm Springs Rd
Springdale, AR 72762


HIGHLIGHTS

  • 13+ Years Remaining | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership
  • Walmart Supercenter Anchored Center | High Traffic Intersection Interstate 49 (102,000 VPD)
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Corporate signed lease by Whataburger Restaurants, LLC • Over 13 years remaining with 3 (5-year) option periods 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 providing a hedge against inflation

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$805 USD /SF

CAP RATE

4.95%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

C-5

APN/PARCEL ID

815-29791-093

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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