Church's Chicken Net Leased Offering 1500 S Cherry St 1 200 pi² Commerce de détail Immeuble Pine Bluff, AR 71601 3 106 485 $ CAD (2 588,74 $ CAD/pi²) 6% Taux de capitalisation

This is a prime opportunity to acquire a Church’s Chicken property in Pine Bluff, Arkansas, offered at $2,250,000 at a 6.00% cap rate. The new 20 year net leased investment produces in-place NOI of $135,000, providing a stable and reliable income stream. The lease includes 10% rent increases every five years, along with four 5-year renewal options, offering long-term upside and continued income growth.
The property is located at the intersection of South Cherry Street and West 15th Avenue, giving it strong visibility and easy access within the local street grid. It sits in a high-traffic corridor, with East Harding Avenue seeing approximately 8,800 vehicles per day and nearby US Highway 65 handling around 7,100 vehicles daily. Known as the “Gateway to the Delta,” Pine Bluff draws consistent traffic from both local residents and commuters, supporting steady demand for the site.The surrounding area includes a mix of national and local retailers such as Popeyes, Domino’s Pizza, and The Pines Mall, contributing to an active commercial corridor.
The market is also benefiting from the new $350 million Saracen Casino Resort, which is expected to bring approximately 2,100 jobs to Pine Bluff. Within a 5-mile radius, the population totals 31,651 residents with an average household income of $58,099. Ongoing investment through the Go Forward Pine Bluff initiative further supports long-term growth and a stable customer base for the property.