4300 W Walnut St - Restaurant FOR SALE


Rogers, AR 72756
$3,703,704 USD
925-348-1844
4300 W Walnut St, Rogers, AR for Sale
$3,703,704 USD
Restaurant - FOR SALE
1/2
null | 6.75% Cap Rate

4300 W Walnut St
Rogers, AR 72756


HIGHLIGHTS

  • New 15 year Absolute NNN Lease
  • Zero Landlord Obligations
  • Corporate Guarantee
  • Nearby Interstate 40 (100,000+ VPD) - Well Located Along Highly Trafficked Corridor (35,000 VPD)
  • Adjacent to Scottsdale Center - 318,404 SF Strip Mall
  • Neighboring Tenants Include: Big Lots, Marshalls & HomeGoods, Bealls, Chick-fil-A, Office Depot, Sonic Drive-In, AT&T Store, IHOP, Outback, Firestone

OVERVIEW

The Kase Group is pleased to present the opportunity to purchase a well established Red Robin location in Rogers, Arkansas with a new 15 year absolute NNN lease. The recently extended lease calls for zero landlord obligations and is corporately guaranteed by Red Robin. There are 10% increases every 5 years throughout the initial term and options, and four 5-year renewal options. The site benefits from its strategic location along W Walnut St (28,000 VPD) and near the Interstate 49 corridor (100,000+ VPD), which locals call “restaurant row” due to the concentration of popular dining and shopping options in the area. The building sits adjacent to the Scottsdale Center, a 318,404 square foot strip mall featuring key tenants including Belk, Ross Dress for Less, Dollar Tree, Staples, Petco, and Barnes & Noble. Other nearby tenants include Big Lots, Marshalls & HomeGoods, Bealls, Chick-fil-A, Office Depot, Sonic Drive-In, AT&T Store, IHOP, Outback Steakhouse, Firestone Complete Auto Care, and more.

FOR SALE DETAILS

PRICE

$3,703,704 USD

PRICE/SF

$563 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Robin Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,218 SF

ZONING

-

APN/PARCEL ID

02-18900-000

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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