500 S Bloomington St - Fast Food FOR SALE


Lowell, AR 72745
$1,786,000 USD
949-506-2012
500 S Bloomington St, Lowell, AR for Sale
$1,786,000 USD
Fast Food - FOR SALE
1/8
null | 5.6% Cap Rate

500 S Bloomington St
Lowell, AR 72745


HIGHLIGHTS

  • Rare, 10-Year Corporate Sale Leaseback | Superb Sales Performance | 10% Increases Every 5 Years
  • Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities
  • High-Visibility Lowell Location | Frontage to 32,000 VPD
  • Dense Retail and Commercial Corridor | Surrounded by National Tenants
  • Major Employment and Regional Demand Drivers Nearby
  • Strong Demographics and Daytime Population in 5-Mile Trade Area

OVERVIEW

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, 7 Brew Coffee investment property located in Lowell, Arkansas. The tenant, 7 Brew Corporate (Brew Culture, LLC), will sign a brand-new, 10-year lease at the close of escrow, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

FOR SALE DETAILS

PRICE

$1,786,000 USD

PRICE/SF

$3,415 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew | Corp Sale Leaseback | Strong Sales

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

C-2

APN/PARCEL ID

12-02280-001

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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Gary ChouSRS National Net LeaseMore Info
949-506-2012

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