7820 Sheridan Rd - Fast Food FOR SALE


White Hall, AR 71602
$1,613,414 USD
626-631-4824
7820 Sheridan Rd, White Hall, AR for Sale
$1,613,414 USD
Fast Food - FOR SALE
1/1
null | 6.15% Cap Rate

7820 Sheridan Rd
White Hall, AR 71602


HIGHLIGHTS

  • Absolute Triple Net Lease with Zero Landlord Responsibilities
  • Proven Well Performing Unit with Sales History | 6.98% Rent to Sales Ratio
  • Experienced 21 Unit Operator that has Been in Business since 1979
  • Major Tenants Nearby: McDonald’s, Taco Bell, Popeyes and Dairy Queen
  • Located in front of a Super 8 and Holiday Inn Hotel
  • One Block away from Gandy Elementary School and the University of Pine Bluff Arkansas with a Student Enrollment of Approximately 3,000 Students

OVERVIEW

The Burger King is located in front of a Super 8 and Holiday Inn Hotel located in White Hall, AR. Built in 2015, the subject property is an approximate 3,204-square foot, single-tenant building on an estimated .89 acres of land. The Burger King has 10 years remaining on the term of the lease. This property features an absolute triple net (NNN) lease with no landlord responsibilities. The franchisee, Flis Enterprises, operates 21 restaurants and has been in business since 1979. The store sales are very strong for this location with the rent to store sales ratio at 6.98%. White Hall is a city in Washington Township, Jefferson County, Arkansas. It is included in the Pine Bluff Metropolitan Statistical Area and the greater Little Rock North Little Rock-Pine Bluff Combined Statistical Area. White Hall has the second highest median household income in Arkansas. The City of White Hall is a short drive south on Interstate 530 from the capital city of Little Rock. It is the fastest growing modern community in Jefferson County. White Hall ranks 2nd in Arkansas in Median Household Income among cities with a population of 5,000 or higher.

FOR SALE DETAILS

PRICE

$1,613,414 USD

PRICE/SF

$504 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King | 7% Rent to Sales Ratio

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

-

APN/PARCEL ID

970-02801-000

ASK ABOUT THIS PROPERTY

Kevin LeNNN Retail GroupMore Info
626-631-4824

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Kevin LeNNN Retail GroupMore Info
626-631-4824

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