955 S Amity Rd - Restaurant FOR SALE


Conway, AR 72032- Downtown Conway
$6,802,000 USD
949-506-2009
955 S Amity Rd, Conway, AR for Sale
$6,802,000 USD
Restaurant - FOR SALE
1/12
null | 6.75% Cap Rate

955 S Amity Rd
Conway, AR 72032
Downtown Conway


HIGHLIGHTS

  • 12 Years Remaining | Annual Rental Increases | Rapidly Growing Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Across from Lewis Crossing Shopping Center (441,000+ SF ) | Dense Retail Corridor | Situated in Developing Area | Nearby Hospital
  • Along E Dave Ward Dr (14,800 VPD) | Interstate 40 (62,000 VPD) |Excellent Visibility & Access
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Walk On’s investment property located in Conway, Arkansas. The tenant has 12 years remaining on their current lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and option periods thereafter, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. With nearly 75+ restaurants in the U.S., Walk-On’s is accelerating its nationwide expansion – ranked #1 by Entrepreneur for Top New Franchise and consistently ranking in Top 500 lists for Restaurant Business, Entrepreneur, Franchise Times, and Nation’s Restaurant News.

FOR SALE DETAILS

PRICE

$6,802,000 USD

PRICE/SF

$810 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walk-Ons | Strong Sales | Superb Location

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

105

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

C-3

APN/PARCEL ID

711-07682-009

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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