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Layne's 3711 Mccain Blvd 2,519 SF Retail Building North Little Rock, AR 72116 $4,785,754 CAD ($1,899.86 CAD/SF) 6.50% Cap Rate



Investment Highlights
- New 15-year absolute NNN lease to Layne’s Chicken Fingers, a rapidly expanding chicken finger QSR chain with excellent financial projections.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- Sales revenue has reached approximately $30 million annually, with growth trending.
- 10% rental increases every five (5) years through the initial term and eight (8) option periods of five years each, ensuring consistent income growth
- Layne’s Chicken Fingers has posted exceptional growth metrics, including a 110% increase in restaurant openings in one year and a 67% rise in sales.
- Layne’s Chicken Fingers has earned a top ranking on Restaurant Business’ “Future 50” list and inclusion in Entrepreneur’s Franchise 500.
Executive Summary
This property offers exceptional visibility along McCain Boulevard, which sees over 32,000 vehicles daily, ensuring strong exposure and easy access. Positioned as an outparcel to McCain Mall—the largest enclosed shopping center in Central Arkansas— it benefits from significant regional traffic drawn from Conway, Cabot, and Jacksonville. The asset features brand-new 2026 construction designed to Layne’s Chicken Fingers’ latest prototype, delivering an efficient, modern dining experience on a 0.81-acre parcel. With an absolute NNN lease structure, all maintenance, structural, and parking lot responsibilities are fully transferred to the tenant, providing zero management obligations for ownership. The location sits within a thriving demographic base, with 96,096 residents in a five-mile radius and average household income of $97,964 within one mile. Layne’s Chicken Fingers continues its impressive growth trajectory, boasting a 110% increase in store openings and a 67% rise in systemwide sales, positioning this property for long-term stability and strong returns.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,519 SF
Building Class
C
Year Built
1980
Price
$4,785,754 CAD
Price Per SF
$1,899.86 CAD
Cap Rate
6.50%
NOI
$311,047 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.81 AC
Zoning
C-3 - Commercial
Parking
28 Spaces (8.45 Spaces per 1,000 SF Leased)
Frontage
83’ on McCain Blvd
Amenities
- Pylon Sign
- Signage
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 33N-019-05-034-00 | Improvements Assessment | $128,445 CAD |
| Land Assessment | $144,403 CAD | Total Assessment | $272,848 CAD |
Property Taxes
Parcel Number
33N-019-05-034-00
Land Assessment
$144,403 CAD
Improvements Assessment
$128,445 CAD
Total Assessment
$272,848 CAD
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Layne's | 3711 Mccain Blvd
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