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Wendy's | NNN | ±15 Yrs 17717 Cantrell Rd 3,790 SF Retail Building Little Rock, AR 72223 $4,960,662 CAD ($1,308.88 CAD/SF) 6.50% Cap Rate
Investment Highlights
- NNN Lease | ±15 Years Remaining Through February 2041 | Zero Landlord Responsibilities
- 1.5% Annual Rent Increases Compounding Throughout Full Lease Term | $227,632 NOI at 6.50% CAP
- Cantrell Rd / AR-10 Frontage | ±20,694 VPD | Signalized Intersection w/ Ranch Blvd | Direct Access to I-430
- Three (3) Five-Year Renewal Options | Up to 30 Years of Total Term
- Guaranteed by FourJay, LLC | Established ±52-Unit Wendy’s Franchisee
- Little Rock MSA: 774,029 Population | $101,685 Avg. HH Income | State Capital, Healthcare & Government Employment Base
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Wendy’s drive-thru at 17717 Cantrell Road in the affluent West Little Rock submarket of Little Rock, Arkansas. The ±3,790-square-foot restaurant, built in 2016, sits on ±1.19 acres and is secured by an NNN lease with approximately 15 years remaining through February 2041, zero landlord responsibilities, and three (3) five-year renewal options. Annual base rent of $227,632 at a 6.50% cap rate includes 1.5% annual rent increases compounding throughout the full lease term, providing consistent, predictable income growth. The lease is guaranteed by FourJay, LLC, an established ±52-unit Wendy’s franchisee with demonstrated regional scale and long-term commitment to the brand.
The property fronts Cantrell Road / AR-10 (±20,694 VPD) at its signalized intersection with Ranch Boulevard (±3,370 VPD), with convenient access to Interstate 430 and Chenal Parkway, and corridor neighbors including Walmart, Subway, Tropical Café, Walgreens, and Great Clips directly adjacent. The 3-mile trade area holds 26,109 residents with an exceptionally strong average household income of $195,273, and the 5-mile population of 70,481 averages $152,847 per household, supported by Little Rock Christian Academy (1,708 students) and Joe T. Robinson High School (1,030 students). The corridor is experiencing significant investment activity, with a 34-acre mixed-use development at Crossroads at Chenal opening a Home2 Suites by Hilton in August 2026 directly adjacent, a 10-acre mixed-use project in planning at Cantrell and Rodney Parham, and a $30–35 million ARDOT Cantrell Road widening underway. The Little Rock MSA counts 774,029 residents at $101,685 average household income, anchored by UAMS, Baptist Health, Dillard’s, and Amazon.
The property fronts Cantrell Road / AR-10 (±20,694 VPD) at its signalized intersection with Ranch Boulevard (±3,370 VPD), with convenient access to Interstate 430 and Chenal Parkway, and corridor neighbors including Walmart, Subway, Tropical Café, Walgreens, and Great Clips directly adjacent. The 3-mile trade area holds 26,109 residents with an exceptionally strong average household income of $195,273, and the 5-mile population of 70,481 averages $152,847 per household, supported by Little Rock Christian Academy (1,708 students) and Joe T. Robinson High School (1,030 students). The corridor is experiencing significant investment activity, with a 34-acre mixed-use development at Crossroads at Chenal opening a Home2 Suites by Hilton in August 2026 directly adjacent, a 10-acre mixed-use project in planning at Cantrell and Rodney Parham, and a $30–35 million ARDOT Cantrell Road widening underway. The Little Rock MSA counts 774,029 residents at $101,685 average household income, anchored by UAMS, Baptist Health, Dillard’s, and Amazon.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,790 SF
Building Class
C
Year Built
2016
Price
$4,960,662 CAD
Price Per SF
$1,308.88 CAD
Cap Rate
6.50%
NOI
$322,443 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.19 AC
Parking
25 Spaces (6.6 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 53L-013-03-002-15 | Improvements Assessment | $366,289 CAD |
| Land Assessment | $221,130 CAD | Total Assessment | $587,418 CAD |
Property Taxes
Parcel Number
53L-013-03-002-15
Land Assessment
$221,130 CAD
Improvements Assessment
$366,289 CAD
Total Assessment
$587,418 CAD
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Wendy's | NNN | ±15 Yrs | 17717 Cantrell Rd
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