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High-Profile Restaurant Investment 2308 Linwood Dr 5,600 SF 100% Leased Retail Building Paragould, AR 72450 $1,300,000 ($232.14/SF) 6.58% Cap Rate
INVESTMENT HIGHLIGHTS
- Quality Real Estate: Prime site on a dominant retail/restaurant corridor
- Secure Income: 10-year lease term with renewal option in place
- Growing Market: Paragould continues to expand with new development and strong demand
- Small Deal Size: Sub-$2MM opportunity with strong cash flow
- Stable Tenant: New Hunan Cuisine Inc. operating under a gross lease
- Low Management: Minimal landlord obligations - tenant handles utilities, janitorial, and interior
EXECUTIVE SUMMARY
We are pleased to present a premier investment opportunity at 2308 Linwood Drive, Paragould, Arkansas. This leased restaurant property offers investors the chance to own a stabilized, income-producing asset in one of Northeast Arkansas' fastest-growing markets.
Positioned along Highway 49/Linwood Drive, one of Paragould's most active commercial corridors, the property benefits from excellent visibility, accessibility, and surrounding growth. With rapid retail and restaurant development in the area, this location is poised for continued appreciation.
Property Overview:
Long-Term Lease: Feng Huang (operating New Hunan Cuisine Inc.) committed through September 2035
Strong Lease Structure: $7,500/month gross lease with tenant responsible for utilities and interior upkeep
Secure Income Stream: $90,000 annually, totaling $907,500 over the primary lease term
Renewal Option: Tenant has the right to extend at $7,500/month
Low Landlord Responsibility: Landlord maintains structural/exterior; tenant handles day-to-day
Positioned along Highway 49/Linwood Drive, one of Paragould's most active commercial corridors, the property benefits from excellent visibility, accessibility, and surrounding growth. With rapid retail and restaurant development in the area, this location is poised for continued appreciation.
Property Overview:
Long-Term Lease: Feng Huang (operating New Hunan Cuisine Inc.) committed through September 2035
Strong Lease Structure: $7,500/month gross lease with tenant responsible for utilities and interior upkeep
Secure Income Stream: $90,000 annually, totaling $907,500 over the primary lease term
Renewal Option: Tenant has the right to extend at $7,500/month
Low Landlord Responsibility: Landlord maintains structural/exterior; tenant handles day-to-day
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
5,600 SF
Year Built
2000
Price
$1,300,000
Price Per SF
$232.14
Cap Rate
6.58%
NOI
$85,540
Percent Leased
100%
Building Height
1 Story
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1001-11130-029 | Improvements Assessment | $81,180 |
| Land Assessment | $67,520 | Total Assessment | $148,700 |
PROPERTY TAXES
Parcel Number
1001-11130-029
Land Assessment
$67,520
Improvements Assessment
$81,180
Total Assessment
$148,700
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High-Profile Restaurant Investment | 2308 Linwood Dr
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