8108 Geyer Springs Rd - Freestanding FOR SALE


Little Rock, AR 72209- Cloverdale Watson
$1,765,000 USD
858-449-4503
8108 Geyer Springs Rd, Little Rock, AR for Sale
$1,765,000 USD
Freestanding - FOR SALE
1/11
null | 6% Cap Rate

8108 Geyer Springs Rd
Little Rock, AR 72209
Cloverdale Watson


HIGHLIGHTS

  • LOW RENT TO SALES UNDER 7%
  • LONG TERM 20+ YR SUCCESSFUL HISTORY
  • STRONG GUARANTEE – 340+ LOCATIONS
  • ABSOLUTE NNN “BONDABLE” LEASE
  • HIGHWAY LOCATION WITH HIGH TRAFFIC
  • SURROUNDED BY DENSE RESIDENTIAL

OVERVIEW

GUARANTEED BY ONE OF LARGEST TACO BELL FRANCHISEES IN U.S. • Lease is guaranteed by K-MAC, one of the largest Taco Bell franchisees in the nation • $600 million in Annual Revenue • 350+ locations • Founded in 1964 – over 60 years of successful operations LOW RENT TO SALES – UNDER 7% • Profitable, and stable, location with a low rent to sales of just 6.8% • Secure investment with strong store sales and long term tenancy LONG TERM TENANCY - FIRST OPTION RECENTLY EXERCISED • Tenant has been successfully operating at this location for over 20 years • K-MAC recently exercised their first option in 2024 showing tenants further dedication to this location. • When combined with the strong sales and low rent to sales, it appears Tenants intention to remain long-term at this location. *Buyer to do its own due diligence. HEADQUARTERS BASED IN ARKANSAS • K-MAC is headquartered in Arkansas • Property is in the heart of Tenant’s South-Central region of the U.S. • Being based in Arkansas, the subject property is in tenant’s “backyard”, a market they are most familiar and will not let fail ATTRACTIVE ABSOLUTE NNN “BONDABLE” LEASE • Original Lease with GE Capital Franchise Finance Corp who required a bullet-proof, bondable NNN lease • Completely passive NNN investment – ZERO landlord responsibilities • Attractive annual increases BUILT IN CUSTOMER BASE – CITY, STATE, AND FEDERAL OFFICES • The subject property is well located directly across from several local, state and federal offices including Arkansas State Police, Pulaski County Treasurer, Social Security Admin, Little Rock Motor Vehicles, Little Rock Revenue Office, CDL and Driving Test Offices HUGE TRAFFIC OFF INTERSTATE 30 IN MAJOR RETAIL CORRIDOR • Ideally situated at the on/off ramp to Interstate 30 along Geyer Springs Road • High Traffic: o Geyer Springs Road – 27,000 CPD o Interstate 30 – 101,000 CPD SURROUNDED BY SEVERAL APARTMENTS AND HOTELS • Spring Valley Apartments – 245 units • Spanish Willows Apartments – 189 units • Spanish Viento Apartments – 109 units • Several Hotels within a one-mile radius including Best Western, Red Roof Inn, and Rest Inn injecting Taco Bell with a customer base throughout the day STRONG RETAIL TRADE AREA SURROUNDED BY SEVERAL NATIONAL TENANTS • Subject property is ideally located along a major retail corridor surrounded by several national tenants including McDonalds, Arby’s, Burger King, KFC, Sonic, Starbucks and several other regional and local tenants COVID-19 AND ECOMMERCE RESISTANT BUSINESS • Fast food drive thru buildings were one of the few Essential Services that were allowed to remain open for business throughout the pandemic

FOR SALE DETAILS

PRICE

$1,765,000 USD

PRICE/SF

$829 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell (KMAC) | 20+ Yr History | Low RTS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

Commercial

APN/PARCEL ID

44L-206-00-006-01

ASK ABOUT THIS PROPERTY

Ed Colson, CCIMInvestCore CommercialMore Info
858-449-4503

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

Ed Colson, CCIMInvestCore CommercialMore Info
858-449-4503

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