2630 S Shackleford Rd
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2630 S Shackleford Rd
3,850 SF Retail Building Little Rock, AR 72205 $2,863,071 ($744/SF) 7% Cap Rate
Investment Highlights
- Corporate Absolute Net Lease | Zero Landlord Responsibilities
- Three-Mile Population of 60,853 and Five-Mile Population of 144,785
- Over 18,000 VPD on Shackleford Rd and over 90,000 VPD on I-430
- Outparcel to Shackleford Shopping Mall with 4.5 Million Visits a Year and Walmart with 2.3 Million Visits a Year
- Four 5-Year Renewal Options with 10% Rental Increases
- Surrounded By National Credit Tenants including, Texas Roadhouse, Longhorn Steakhouse, Cracker Barrell, Chuck-E-Cheese, BJ's Restaurant and More
Executive Summary
Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a 3,850-square-foot building on a 1.00-acre lot leased to Tacos 4 Life in Little Rock, Arkansas. The absolute net lease with zero landlord responsibilities has approximately 5.2 years remaining with four 5-year renewal options. The Little Rock Metroplex is the largest in Arkansas and is expected to swell by nearly 23,000 people in the next five years.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,850 SF
Building Class
C
Year Built
2017
Price
$2,863,071
Price Per SF
$744
Cap Rate
7%
NOI
$200,415
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.00 AC
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 44L-078-18-007-01 | Improvements Assessment | $294,770 |
Land Assessment | $156,816 | Total Assessment | $451,586 |
PROPERTY TAXES
Parcel Number
44L-078-18-007-01
Land Assessment
$156,816
Improvements Assessment
$294,770
Total Assessment
$451,586
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2630 S Shackleford Rd
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