2 Deli Franchise Businesses w/1 R/E Property | 129 Arkansas Blvd
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2 Deli Franchise Businesses w/1 R/E Property 129 Arkansas Blvd
2,148 SF Retail Building Texarkana, AR 71854 $1,475,000 ($687/SF)
Executive Summary
Two (2) fast casual deli franchise businesses with drive-thru, one (1) with patio. No deferred maintenance, current brand standards in place. Inventory and cash on hand not included. Management included. Transfer fee(s) not included. Franchisor approval required, 3 years minimum operations experience, 25% equity toward purchase price, and net worth of $1M. One (1) real estate property, 0.4+/- acre, 2,148 SF, built in 1987, remodeled in 2018. Other store is currently being remodeled.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,148 SF
Year Built
1987
Price
$1,475,000
Price Per SF
$687
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.40 AC
Zoning
CI - Commercial, Restaurant and Retail Use
Parking
22 Spaces (10.24 Spaces per 1,000 SF Leased)
Frontage
100 FT on Arkansas Boulevard
Amenities
- Drive Thru
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 00208507 | Improvements Assessment | $54,640 |
Land Assessment | $12,250 | Total Assessment | $66,890 |
PROPERTY TAXES
Parcel Number
00208507
Land Assessment
$12,250
Improvements Assessment
$54,640
Total Assessment
$66,890
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2 Deli Franchise Businesses w/1 R/E Property | 129 Arkansas Blvd
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