Little Rock Retail for Sale - West
Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Wendy’s drive-thru at 17717 Cantrell Road in the affluent West Little Rock submarket of Little Rock, Arkansas. The ±3,790-square-foot restaurant, built in 2016, sits on ±1.19 acres and is secured by an NNN lease with approximately 15 years remaining through February 2041, zero landlord responsibilities, and three (3) five-year renewal options. Annual base rent of $227,632 at a 6.50% cap rate includes 1.5% annual rent increases compounding throughout the full lease term, providing consistent, predictable income growth. The lease is guaranteed by FourJay, LLC, an established ±52-unit Wendy’s franchisee with demonstrated regional scale and long-term commitment to the brand.
The property fronts Cantrell Road / AR-10 (±20,694 VPD) at its signalized intersection with Ranch Boulevard (±3,370 VPD), with convenient access to Interstate 430 and Chenal Parkway, and corridor neighbors including Walmart, Subway, Tropical Café, Walgreens, and Great Clips directly adjacent. The 3-mile trade area holds 26,109 residents with an exceptionally strong average household income of $195,273, and the 5-mile population of 70,481 averages $152,847 per household, supported by Little Rock Christian Academy (1,708 students) and Joe T. Robinson High School (1,030 students). The corridor is experiencing significant investment activity, with a 34-acre mixed-use development at Crossroads at Chenal opening a Home2 Suites by Hilton in August 2026 directly adjacent, a 10-acre mixed-use project in planning at Cantrell and Rodney Parham, and a $30–35 million ARDOT Cantrell Road widening underway. The Little Rock MSA counts 774,029 residents at $101,685 average household income, anchored by UAMS, Baptist Health, Dillard’s, and Amazon.