1230 N Edgar St - Freestanding FOR SALE


Fordyce, AR 71742
$1,072,000 USD
972-482-0111
1230 N Edgar St, Fordyce, AR for Sale
$1,072,000 USD
Freestanding - FOR SALE
1/7
null | 7% Cap Rate

1230 N Edgar St
Fordyce, AR 71742


HIGHLIGHTS

  • McDonald's is an Investment Grade Tenant and World's Most Recognizable Brands
  • Located at Signalized Intersection of US-79 and N Edgar Street with Combined Traffic Count of 13,600 VPD
  • Only McDonald's within 15 Miles
  • Next to AT&T, the Largest Telecommunication Company in the World
  • Situated on Large 3.9 Acre Lot
  • Built in 2015 with McDonald's Corporate Guarantee

OVERVIEW

Marcus & Millichap is pleased offer for sale, a McDonald's Strip Center in Fordyce, Arkansas. The subject property was built in 2015 at the signalized corner of US-79 and N Edgar Street with Daily Traffic Count of 13,600. That is 31% growth from a few years ago. It is situated on a large 3.9 Acre lot for future expansion/development. Fordyce is about 70 miles south of Little Rock and McDonald's signed a new 20-year lease in 2015 and AT&T extended to 2026. This is the only McDonald's within 15 miles and serves locals as well as travellers. This is a great opportunity to acquire strong national tenants at a low price point.

FOR SALE DETAILS

PRICE

$1,072,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

3.92 AC

LAND SF

170,755 SF

ZONING

COM

APN/PARCEL ID

970-03810-001

ASK ABOUT THIS PROPERTY

William KimMarcus & MillichapMore Info
972-482-0111

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William KimMarcus & MillichapMore Info
972-482-0111

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