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STARBUCKS W/ DRIVE-THRU | 12 YEAR LEASE 3090 Bill Foster Memorial Hwy 2,443 SF Retail Building Cabot, AR 72023 $4,064,091 CAD ($1,663.57 CAD/SF) 6.60% Cap Rate
INVESTMENT HIGHLIGHTS
- 12 Year Starbucks Featuring 10% Rental Increases at Year 7 and at Each Option. Brand New 2025 High Quality Construction w/ Drive-Thru.
- Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #116 on the Fortune 500 List with an Annual Revenue of more than $36.17B.
- The Site is a Quick Drive into Downtown Little Rock via U.S. Hwy 67 / I-57, making this an Ideal, Centralized Location with Easy Commutes.
- Positioned Along Area’s Traffic and Retail Corridor: Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 18k Vehicles.
- The City of Cabot has Experienced Steady Growth in both Residential and Commercial Development, making it one of the Fastest-Growing Cities in AR.
- Bedroom Community of Little Rock - Cabot offers Quality and Affordable Housing, Excellent Schools, and an Excellent Suburban Lifestyle.
EXECUTIVE SUMMARY
Brand New 2025 High Quality Construction | Immediate Access to/ from U.S. Hwy 67 / I-57 - Primary Route Connecting the City to Little Rock | Cabot has Experienced Steady Growth - one of the Fastest-Growing Cities in Arkansas | Minutes from Little Rock AFB - 6,500 Military Personnel
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B, Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B, Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,443 SF
Building Class
B
Year Built
2025
Price
$4,064,091 CAD
Price Per SF
$1,663.57 CAD
Cap Rate
6.60%
NOI
$268,230 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.84 AC
Zoning
C-1 - Commercial
Parking
28 Spaces (11.46 Spaces per 1,000 SF Leased)
Frontage
342’ on Bill Foster Memorial Hwy
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Starbucks
- Retailer
- 2,443 SF
- -
- Double Net
- Apr 2037
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Starbucks | Retailer | 2,443 SF | - | Double Net | Apr 2037 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 001-12378-002 | Improvements Assessment | $86,777 CAD |
| Land Assessment | $37,928 CAD | Total Assessment | $124,704 CAD |
PROPERTY TAXES
Parcel Number
001-12378-002
Land Assessment
$37,928 CAD
Improvements Assessment
$86,777 CAD
Total Assessment
$124,704 CAD
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STARBUCKS W/ DRIVE-THRU | 12 YEAR LEASE | 3090 Bill Foster Memorial Hwy
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