412 W Dickson St
Fayetteville, AR 72701
Retail Property For Sale

Taco Bell Cantina & Pickleman's | College Town Both lease structures provide for minimal landlord responsibility. All expenses are paid by tenant, including a 5% management fee. The Taco Bell Cantina lease has seven (7.5) years remaining on the lease term, plus six (6), five (5) year options. The Pickleman' s lease has eight (8.1) years remaining on the lease term, plus four (4), five (5) year options. The Taco Bell Cantina lease provides for 1.0% annual rental increases, including through option periods. The Pickleman' s lease provides for significant rental increases throughout the initial term and through each option period. Please see Rent Schedule on Page 13 for details. Taco Bell' s lease is guaranteed by K-MAC Enterprises, Inc. the leading operator of Taco Bell, KFC, and Long John Silvers, with 290+ locations nationwide. This location is the 5th Taco Bell Cantina to open in the U.S., and features the traditional Taco Bell menu in addition to digital menu boards, sharable platters and alcoholic beverages. Fayetteville is the county seat of Washington County and home to the University of Arkansas, the state' s largest university with over 28,000 students. When classes are in session, thousands of students on campus dramatically change the city' s demographics. The University is located just 2 minutes from the subject property. The subject property is located on W. Dickson St., a popular street among University of Arkansas students that frequent Chipotle, QDOBA Mexican Grill, Waffle House and numerous other local restaurants and bars. Barriers to entry are high for W. Dickson street because it is the only entertainment district for the University of Arkansas. In 2017, Fayetteville, AR was ranked 5th on the U.S. Best Places to Live in the United States rankings. The Walton Arts Center, the cornerstone of the city' s theater arts district, just underwent a $23 million renovation that was completed in late 2016. The Walton Arts Center is directly across from the subject property and hosts musicals, play, and other artistic and educational events throughout the year.