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1315 S Shackleford Rd
Little Rock, AR 72211
Abs. NNN Beef a Roo | Little Rock, AR · Retail Property For Sale
Investment Highlights
- 17 Years Remaining on Primary Term; Original 20 Year Lease; Absolute NNN; Zero Landlord Responsibilities
- Corporate Guaranty; Private Equity Owned and Operated Company; Contact Broker for Details
- Food and Alcohol is the #1 Consumer Expenditure within 3 Miles; 27.7% of all Consumer Spending; Just One Block from On/Off Ramp of I-430; 82,000+ VPD
- 2.00% Annual Increases with an Average Return Over Primary Term of 9.12%; Full Interior / Exterior Remodel Completed in 2023
- Dense Infill Location; 312,000+ Population within 10 Miles; Daily Traffic on Shackleford Road Exceeds 27,000 Cars Per Day
- Nearby National Retailers: Trader Joes, Whole Foods, Sam’s Club, Home Depot, Lowe’s, Best Buy, Walmart, At Home
Executive Summary
Excellent 1031 Exchange Opportunity
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,544 SF
Building Class
C
Year Built/Renovated
2004/2023
Price
$3,218,000
Price Per SF
$908.01
Cap Rate
7.75%
NOI
$249,384
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.67 AC
Zoning
O2 - Commercial
Parking
24 Spaces (6.82 Spaces per 1,000 SF Leased)
Frontage
219’ on Shackleford Rd
Amenities
- Pylon Sign
- Signage
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 44L-080-02-002-00 | Improvements Assessment | $229,127 |
| Land Assessment | $105,066 | Total Assessment | $334,193 |
Property Taxes
Parcel Number
44L-080-02-002-00
Land Assessment
$105,066
Improvements Assessment
$229,127
Total Assessment
$334,193
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