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Tacos 4 Life 2630 S Shackleford Rd 3,850 SF Retail Building Little Rock, AR 72205 $2,863,071 ($743.65/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Absolute Net Lease with Zero Landlord Responsibilities
- Outparcel to Shackleford Shopping Mall with 4.5 Million Visits a Year and Walmart with 2.3 Million Visits Annually
- Situated Along South Shackleford Road (18,000 VPD) nearby I-430 (91,000 VPD)
- Four Years Remaining on Lease | 10 Percent Rent Increases Every Five Years | Four Five-Year Renewal Options
- Three-Mile Population of Nearly 58,000 with an Average Household income of Nearly $82,000 | Five-Mile Population of Over 138,000 with an Average House
- Surrounded by National Tenants Including Walmart (NYSE: WMT), JCPenney, Main Event, Chuck E. Cheese, JOANN Fabric and Crafts, BJ’s Restaurant
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to offer for sale Tacos 4 Life located at 2630 South Shackleford Road in Little Rock, Arkansas. This property features a 3,850 square-foot building
situated on a one-acre lot, positioned as an outparcel within the Shackleford Shopping Mall, a high-traffic retail center anchored by Walmart. It is leased to Tacos 4 Life under an absolute net lease with zero landlord responsibilities, offering passive income secured by a corporate lease guarantee. With four years remaining on the current lease term, the agreement includes a 10 percent rent increase every five years and four additional five-year renewal options, offering a reliable path for long-term income growth.
situated on a one-acre lot, positioned as an outparcel within the Shackleford Shopping Mall, a high-traffic retail center anchored by Walmart. It is leased to Tacos 4 Life under an absolute net lease with zero landlord responsibilities, offering passive income secured by a corporate lease guarantee. With four years remaining on the current lease term, the agreement includes a 10 percent rent increase every five years and four additional five-year renewal options, offering a reliable path for long-term income growth.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,850 SF
Building Class
C
Year Built
2017
Price
$2,863,071
Price Per SF
$743.65
Cap Rate
7%
NOI
$200,415
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.00 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 44L-078-18-007-01 | Improvements Assessment | $294,770 |
| Land Assessment | $156,816 | Total Assessment | $451,586 |
PROPERTY TAXES
Parcel Number
44L-078-18-007-01
Land Assessment
$156,816
Improvements Assessment
$294,770
Total Assessment
$451,586
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Tacos 4 Life | 2630 S Shackleford Rd
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