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700 Julian dr
Little Rock, AR 72205
CHICK-FIL-A W/ TRIPLE DRIVE-THRU | NNN · Retail Property For Sale
Investment Highlights
- 15 Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Within The District at Midtown - A New MixedUse Development in the Heart of the Midtown Retail and Medical Districts at the NEC of Interstate 630.
- Chick-fil-A named the #1 Fast-Food Restaurant in America with Annual Sales of Nearly $19 Billion and Average Sales Per Unit of $9.3 Million
- Positioned Along Area’s Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility.
- The Area Enjoys the Densest Daytime Population in the State thanks to four Hospitals, more than 1 Million Sq.ft. of Retail.
Executive Summary
Within The District at Midtown - MixedUse Development | One of the Most Heavily Traveled Intersection in the State based upon Car Counts | Immediate Access to/from I-630 | Densest Daytime Population in the State | Walking Distance 600-Bed Acute-Care Hospital | 1 M Sq.ft. of Retail & 500k Sq.ft. of Medical Office Space all w/in 2 Miles | Near War Memorial Stadium, Arkansas State Hospital, UAMS and VA Hospital | Brand New 2026 Construction.
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
Building Size
5,108 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$5,958,300 CAD
Price Per SF
$1,166.46 CAD
Cap Rate
3.85%
NOI
$229,395 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
2.15 AC
Property Taxes
| Parcel Number | 44L-016-01-004-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $429,674 CAD | Total Assessment | $429,674 CAD |
Property Taxes
Parcel Number
44L-016-01-004-00
Land Assessment
$429,674 CAD
Improvements Assessment
$0 CAD
Total Assessment
$429,674 CAD
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