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723 Parker Rd

6,600 SF 100% Leased Retail Building Jonesboro, AR 72401 $2,975,000 ($451/SF) 6.50% Cap Rate

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Investment Highlights

100% Occupied | End Cap Drive-Through Access | Sale Lease Back | Options To Extend | NNN Leases
Strong Demographics In 5-Mile Trade Area

Outparcel to a Home Depot | Adjacent to a Walmart Supercenter | Excellent Visibility and Access | Nearby National/Credit Tenants

Executive Summary

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 100% occupied 4-tenant strip retail investment property located in Jonesboro, Arkansas. The anchor tenant, Arby’s agrees to sign a brand new 20-year lease with 4 (5-year) options at the end of the escrow. Arby’s operator is growing in the Arby’s system, and currently operates 7 restaurants. Arby’s also features a drive-through, providing easy and convenient access for customers. All leases are NNN in nature with limited landlord responsibilities, limiting expense leakage for a future investor and making it an ideal, low-management investment opportunity.

Jonesboro AR - Arbys 4 tenant OM