4300 W Walnut St - Restaurant FOR SALE


Rogers, AR 72756
$3,846,154 USD
925-348-1844
4300 W Walnut St, Rogers, AR for Sale
$3,846,154 USD
Restaurant - FOR SALE
1/1
null | 6.5% Cap Rate

4300 W Walnut St
Rogers, AR 72756


HIGHLIGHTS

  • New 15 year absolute NNN lease
  • Zero landlord obligations
  • Corporate guarantee
  • Well located along highly trafficked corridor (35,000 VPD)
  • Nearby Interstate 40 (100,000+ VPD)
  • Adjacent to Scottsdale Center - 318,404 SF strip mall

OVERVIEW

The Kase Group is pleased to present the opportunity to purchase well established Red Robin location in Rogers, Arkansas with a new 15 year absolute NNN lease. The recently extended lease calls for zero landlord obligations and is corporately guaranteed by Red Robin. There are 10% increases every 5 years throughout the initial term and options, and four 5- year renewal options. The site benefits from its strategic location along W Walnut St (28,000 VPD) and nearby the Interstate 49 corridor (100,000+ VPD), which locals call "restaurant row" due to the popularity of dining and shopping options in the area. The building sits adjacent to the Scottsdale Center, a 318,404 square feet strip mall featuring key tenants that include Belk, Ross Dress for Less, Dollar Tree, Staples, Petco, Dollar Tree and Barnes & Noble. Other neighboring tenants include Big Lots, Marshalls & HomeGoods, Bealls, Chick-fil-A, Office Depot, Sonic Drive-In, AT&T Store, IHOP, Outback Steakhouse, Firestone Complete Auto Care & more. In Association with ParaSell, Inc. | A Licensed Arkansas Broker #PB00078916

FOR SALE DETAILS

PRICE

$3,846,154 USD

PRICE/SF

$584 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New 15 Year Absolute NNN Leased Red Robin

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

-

APN/PARCEL ID

02-18900-000

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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