Janet Dr & Beebe Capps Expy - Freestanding FOR SALE
Searcy, AR 72143 |
$3,454,545 USD
858-373-3184
Janet Dr & Beebe Capps Expy
Searcy, AR 72143
HIGHLIGHTS
- Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction.
- Strategically Positioned Adjacent to U.S. Highway 67/167 with Immediate On Ramp Access, providing Exceptional Visibility.
- Cheddars Scratch Kitchen is a Nationally Recognized Concept Known for High Volume Operations, Broad Demographic Appeal, and Strong Customer Loyalty.
- Subsidiary of Darden Restaurants, Inc. (NYSE: DRI), an Investment Grade Rated Company featuring approximately $11+ Billion in Annual Revenue.
- Positioned Directly across from the Planned Target Anchored Development Opening 2026 driving Significant New Retail Traffic & National Tenant Synergy.
- Surrounded by National Retailers including Academy Sports Outdoors, TJ Maxx, Ulta, ALDI, Atwoods, and Hobby Lobby, and many more.
OVERVIEW
Cheddar’s Scratch Kitchen (Darden) | Absolute Net Lease | Brand New 2026 Construction | New Prototype w/ Cheddar’s To Go | Directly Across from Planned Target Anchored Development | Adjacent to U.S. Hwy 67/167 | University Town with Large Student population - within One Mile of Harding University | Strong Daytime Population | One of the Fastest Growing Cities in Arkansas
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$3,454,545 USD
PRICE/SF
$384 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
STATUS
Proposed
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CHEDDAR'S (DARDEN | NYSE: DRI) | ABSOLUTE NET
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.86 AC
LAND SF
81,022 SF
ZONING
C-4
APN/PARCEL ID
016-10624-000
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858-373-3184
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858-373-3184
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