3090 Bill Foster Memorial Hwy - Fast Food FOR SALE
Cabot, AR 72023 |
$3,126,000 USD
858-373-3184
3090 Bill Foster Memorial Hwy
Cabot, AR 72023
HIGHLIGHTS
- 12 Year Starbucks Featuring 10% Rental Increases at Year 7 and at Each Option. Brand New 2025 High Quality Construction w/ Drive-Thru.
- Positioned Along Area’s Traffic and Retail Corridor: Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 18k Vehicles.
- Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #116 on the Fortune 500 List with an Annual Revenue of more than $36.17B.
- The City of Cabot has Experienced Steady Growth in both Residential and Commercial Development, making it one of the Fastest-Growing Cities in AR.
- The Site is a Quick Drive into Downtown Little Rock via U.S. Hwy 67 / I-57, making this an Ideal, Centralized Location with Easy Commutes.
- Bedroom Community of Little Rock - Cabot offers Quality and Affordable Housing, Excellent Schools, and an Excellent Suburban Lifestyle.
OVERVIEW
Brand New 2025 High Quality Construction | Immediate Access to/ from U.S. Hwy 67 / I-57 - Primary Route Connecting the City to Little Rock | Cabot has Experienced Steady Growth - one of the Fastest-Growing Cities in Arkansas | Minutes from Little Rock AFB - 6,500 Military Personnel
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
$3,126,000 USD
PRICE/SF
$1,563 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STARBUCKS W/ DRIVE-THRU | 12 YEAR LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
0.84 AC
LAND SF
36,590 SF
ZONING
C-1
APN/PARCEL ID
001-12378-002
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858-373-3184
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858-373-3184
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