4610 W Kingshighway - Fast Food FOR SALE


Paragould, AR 72450
$1,899,000 USD
858-488-0591
4610 W Kingshighway, Paragould, AR for Sale
$1,899,000 USD
Fast Food - FOR SALE
1/10
null | 4.25% Cap Rate

4610 W Kingshighway
Paragould, AR 72450


OVERVIEW

Tenant • The lease is backed by McDonald’s Corporation (S&P Rated BBB+). • McDonald’s is the worlds leading food-service retailer with more than 40,275 restaurants in more than 118 countries. • McDonald’s is the worlds second largest private employer with 1.7 million employees • As of 2022, McDonald’s has the sixth highest global brand valuation. • Revenues reported in 2022 were more than $23.18 billion. Lease Cap Rate 4.25% Address 4610 West Kingshighway Paragould, AR 72450 Lease Term 20 Years Lease Commencement 11/12/2019 • 14.5 years remaining on original 20 year Lease • 5% increases every 5 years. • Sixteen 5 year options with increases Lease Expiration 11/11/2039 • Years Remaining 14.5 Years Location Options Sixteen (5) year options • Located on Hard Corner at the signalized intersection of West Kingshighway and Rockingchair Road. • Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 28k+ VPD. • Neighboring tenants such as Kim & Go, Wal-Mart, Lowe’s, Aldi, Taco Bell, Sonic, Tractor Supply, Dollar General, Greene County Tech. Jr. High, Goodwill, Huddle House, Paragould Cinema 8, Belk, Starbucks, Chili’s Grill & Bar, Avocado’s Grill and Burger King.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$950 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonalds

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

Commercial

APN/PARCEL ID

1002-34320-015

ASK ABOUT THIS PROPERTY

Erika CarlsonGAIA Real Estate InvestmentsMore Info
858-488-0591

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

Erika CarlsonGAIA Real Estate InvestmentsMore Info
858-488-0591

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