This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
Freddy's Frozen Custard & Steakburger
Little Rock, AR 72211
Absolute NNN- Just Opened- PAD to Walmart · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Freeway Visibility
- Restaurant
- Signalized Intersection
ABOUT FREDDY'S FROZEN CUSTARD & STEAKBURGER , LITTLE ROCK, AR 72211
LARGEST OPERATOR IN THE U.S.! We are pleased to offer an absolute NNN fee simple investment that is 100% leased to Freddy's Frozen Custard & Steakburgers located near the entrance of a Walmart Supercenter and Sam's Club within a rapidly growing retail trade area. The brand new lease is slated to commence in July 2017, with a primary term of 15 years with 3-5 year options. There are 10% rental escalations every 5 years, including all option periods, providing investors with an effective inflation hedge throughout the lease. The newly constructed building will sit on approximately 29,185 square feet lot size with a drive thru. The building commands superior visibility from Chenal Parkway (one of the primary traffic corridors in the region) and is situated directly across from a Walmart Supercenter. The tenant - FFC Midwest, LLC - is a highly successful and proven operator of quick service stores across the country.
PROPERTY TAXES
| Parcel Number | 44L-062-13-000-03 | Improvements Assessment | $204,728 |
| Land Assessment | $260,901 | Total Assessment | $465,629 |
PROPERTY TAXES
