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1230 N Edgar St

5,400 SF 100% Leased Retail Building Fordyce, AR 71742 $1,072,000 ($199/SF) 7% Cap Rate

Retail Buildings Arkansas Fordyce 1230 N Edgar St, Fordyce, AR 71742

Investment Highlights

  • McDonald's is an Investment Grade Tenant and World's Most Recognizable Brands
  • Only McDonald's within 15 Miles
  • Situated on Large 3.9 Acre Lot
  • Located at Signalized Intersection of US-79 and N Edgar Street with Combined Traffic Count of 13,600 VPD
  • Next to AT&T, the Largest Telecommunication Company in the World
  • Built in 2015 with McDonald's Corporate Guarantee

Executive Summary

Marcus & Millichap is pleased offer for sale, a McDonald's Strip Center in Fordyce, Arkansas. The subject property was built in 2015 at the signalized corner of US-79 and N Edgar Street with Daily Traffic Count of 13,600. That is 31% growth from a few years ago. It is situated on a large 3.9 Acre lot for future expansion/development.
Fordyce is about 70 miles south of Little Rock and McDonald's signed a new 20-year lease in 2015 and AT&T extended to 2026. This is the only McDonald's within 15 miles and serves locals as well as travellers.
This is a great opportunity to acquire strong national tenants at a low price point.

Attachments

OM-McDonaldsFordyceAR-v6

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,400 SF
Building Class
B
Year Built
2015
Price
$1,072,000
Price Per SF
$199
Cap Rate
7%
NOI
$75,056
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
3.92 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
COM - Commercial
Parking
63 Spaces (11.67 Spaces per 1,000 SF Leased)
Frontage
632 FT on Arkansas 8

Amenities

  • Air Conditioning
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1230 N Edgar St, Fordyce, AR - aerial map view - Image1
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1230 N Edgar St, Fordyce, AR - aerial map view - Image3

Nearby Major Retailers

Food Giant Supermarket
First Security Bank & Trust
Rent-A-Center

PROPERTY TAXES

Parcel Number 970-03810-001 Improvements Assessment $124,350
Land Assessment $29,400 Total Assessment $153,750

PROPERTY TAXES

Parcel Number
970-03810-001
Land Assessment
$29,400
Improvements Assessment
$124,350
Total Assessment
$153,750
(972) 482-0111

Contact

  • Listing ID: 33857912

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 1230 N Edgar St, Fordyce, AR 71742

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1230 N Edgar St
(972) 482-0111 x

1230 N Edgar St

William Kim

(972) 482-0111

(972) 482-0111

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