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3097 Main st
Russellville, AR 72802

$2,600,000 USD

Fast Food For Sale  •  2,550 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,550 SF
  • Lot Size 0.67 AC
  • Building Class C
  • Year Built 1996
  • Cap Rate 5.77 %
  • Tenancy Single
0 Transit Score
32 Walk Score

Highlights

Brand New 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities at the Close of Escrow
Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years; Successful Long Term Occupancy History With Strong Sales of $1.55M
Lease is Backed By Saddle Peak, a Proud and Experienced 32-Unit Hardee's and 6-Unit 7 Brew Coffee Operator; Also Includes a Large Personal Guarantee
Brand New Construction Drive-Thru | Tenant Scraped Old Building and is Expected to Complete Construction By EOY
Strategically Located as an Outparcel to a Hobby Lobby Anchored Strip Center With Major Retailers Including: JCPenney, Dollar Tree Etc.
Brand New Construction Chipotle Opening Next Door, Creating More Retail Synergy and Traffic Flow to the Area
Cap Rate: 5.77 %

Major Tenants

Tenant SF Occupied Lease End Date
Hardeeā€™s 2,550 SF
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC