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Arby's & Shops | New 20yr Abs NNN Grd Lse 723 E Parker Rd 6,600 SF 78% Leased Retail Building Jonesboro, AR 72404 $3,523,302 CAD ($533.83 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

Brand New 20-Year Master Lease | End Cap Drive-Through Access | Absolute NNN Ground Lease | Established Sub-tenants
Strong Demographics In 5-Mile Trade Area

Outparcel to a Home Depot | Adjacent to a Walmart Supercenter | Excellent Visibility and Access | Nearby National/Credit Tenants

EXECUTIVE SUMMARY

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an Arby’s master leased strip retail investment property located in Jonesboro, Arkansas. The tenant, Arby’s recently sign a brand new 20-year lease with 4 (5-year) options at the end of the escrow. Arby’s operator is growing in the Arby’s system, and currently operates 7 restaurants. Arby’s also features a drive-through, providing easy and convenient access for customers. The master lease is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

6,600 SF

Building Class

Year Built

2017

Price

$3,523,302 CAD

Price Per SF

$533.83 CAD

Cap Rate

NOI

$246,631 CAD

Percent Leased

78%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.11

Lot Size

1.39 AC

Zoning

C-3

Parking

60 Spaces (9.09 Spaces per 1,000 SF Leased)

Frontage

375’ on E. Parker Rd.

Dedicated Turn Lane
Pylon Sign

Restaurant

Signage

Drive Thru

Arby's
Accommodation and Food Services
99,999 SF
-
Lorem Ipsum
Jan 0000

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE TYPE		LEASE END
Arby's	Accommodation and Food Services	99,999 SF	-	Lorem Ipsum		Jan 0000

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
POSITION
AVAILABLE

B
1,440 SF
Retail
-
Now

723 E Parker Rd, Jonesboro, AR for sale Interior Photo- Image 1 of 1 — Interior Photo

Discover an exceptional leasing opportunity at this Arby's-anchored retail center, strategically located on a Home Depot outparcel in Jonesboro, Arkansas! This modern retail center at 723 E. Parker Rd. in Jonesboro, Arkansas offers a rare +/- 1,400 SF lease space - the only vacancy in the center! The tenant mix features well-known brands such as Arby's, VapeLand, & SportClips, enhancing the center's appeal.