General Retail For Sale • 2,194 SF
FORMER TACO BELL DRIVE-THRU FOR SALE OR LEASE |
Current Tenant has Operated here for 20 Years and Will Not be Continuing their Lease Creating a Great Opportunity for Investors or Owner-Users |
Below Market Rent w/ Short Term Lease: Current Tenant is Paying Approximately 38% Below Market Rent and has Less than 3 Months Remaining |
ProForma 7.5% Return: Assuming Conservative Capital Improvements Investors can Achieve Attractive Returns at Market Rent. |
Attractive Owner-User Opportunity: Operators can Obtain Attractive SBA Financing with as Little at 10% Down Payment ($109,933) |
Dynamic Market & Strong Demographics: Little Rock has Growing Population. This site has over 147,000 population in a 5-Mile Radius with $52,800 HHI |
Cap Rate: | 7.50 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Little Rock Union Station (Texas Eagle - Amtrak) | 4 min | - | 2.1 mi |
Transit/Subway | Drive | Walk | Distance |
Simmons Arena (To Lr) (Blue Line Streetcar - Rock Region Metro) | 1 min | 12 min | 0.7 mi |
Maple St & Broadway St (Blue Line Streetcar - Rock Region Metro) | 1 min | 13 min | 0.7 mi |
Main St & 5Th St (Blue Line Streetcar - Rock Region Metro) | 1 min | 13 min | 0.7 mi |
Main St & Bishop Lindsey Ave (Blue Line Streetcar - Rock Region Metro) | 1 min | 15 min | 0.8 mi |
Maple St & 6Th St (Blue Line Streetcar - Rock Region Metro) | 1 min | 16 min | 0.9 mi |
Airport | Drive | Walk | Distance |
Bill and Hillary Clinton Ntl/Adams Field | 10 min | - | 6.2 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 28 |
Type: | Surface |
Included in Rent: | Yes |