2031 Oliver Lancaster Boulevard blvd - Retail FOR SALE


Malvern, AR 72104
$2,725,000 USD
404-441-3849
2031 Oliver Lancaster Boulevard blvd, Malvern, AR for Sale
$2,725,000 USD
Retail - FOR SALE
1/8
null | 6.25% Cap Rate

2031 Oliver Lancaster Boulevard blvd
Malvern, AR 72104


HIGHLIGHTS

  • Net Lease | Recently Constructed | 7.5% Rent Increases in Year 6 & in Each of the Four, 5-Year Renewal Options
  • Limited Competition | First Freestanding Starbucks Location Along I-30
  • 44 Miles SW of Downtown Little Rock | Along Oliver Lancaster Blvd (20,000 VPD) | Feet From I-30 (44,000 VPD)
  • Investment Grade Tenant | Starbucks Corporation (NASDAQ: SBUX, S&P: BBB+)
  • Hot Springs, AR MSA | MSA Population 101,004

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 2,540-square-foot Starbucks Coffee situated on 0.93 acres in Malvern, Arkansas — part of the larger Hot Springs, AR MSA (MSA Population: 100,004). Recently constructed, Starbucks’ net lease commenced in May 2024 and features ±9.4 years of term remaining with 7.5% rent increases in year 6 and in each of the four, 5-year renewal options. This Malvern location is the first freestanding Starbucks along I-30 for those traveling from Texarkana (99 miles southwest) towards Little Rock. The store enjoys limited competition as the nearest freestanding Starbucks are in Hot Springs (18 miles northwest) and Benton (20 miles northeast).

FOR SALE DETAILS

PRICE

$2,725,000 USD

PRICE/SF

$1,073 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks: Malvern, AR

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

C-I

APN/PARCEL ID

700-05884-001

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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