3097 Main st - Fast Food FOR SALE
Russellville, AR 72802 |
$2,600,000 USD
512-768-0380
3097 Main st
Russellville, AR 72802
HIGHLIGHTS
- Brand New 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities at the Close of Escrow
- Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years; Successful Long Term Occupancy History With Strong Sales of $1.55M
- Lease is Backed By Saddle Peak, a Proud and Experienced 32-Unit Hardee's and 6-Unit 7 Brew Coffee Operator; Also Includes a Large Personal Guarantee
- Brand New Construction Drive-Thru | Tenant Scraped Old Building and is Expected to Complete Construction By EOY
- Strategically Located as an Outparcel to a Hobby Lobby Anchored Strip Center With Major Retailers Including: JCPenney, Dollar Tree Etc.
- Brand New Construction Chipotle Opening Next Door, Creating More Retail Synergy and Traffic Flow to the Area
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,550 SF Hardee's Located at 3097 East Main Street in Russellville, AR. This Deal Includes a Brand New 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities to Begin at the Close of Escrow, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Arkansas, LLC Lic. #PB00085157 BOR: Andrew Ackerman Lic. AR #PB00085157
FOR SALE DETAILS
PRICE
$2,600,000 USD
PRICE/SF
$1,020 USD /SF
CAP RATE
5.77%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hardee's - Russellville, AR
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.67 AC
LAND SF
29,185 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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512-768-0380
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512-768-0380
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