7821 Alcoa Rd
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7821 Alcoa Rd
3,876 SF Retail Building Benton, AR 72019 $2,734,285 ($705/SF) 7% Cap Rate
Investment Highlights
- Corporate Absolute Net Lease | Zero Landlord Responsibilities
- 49,687 VPD from Interstate 30 with Frontage on Alcoa Rd with over 21,622 VPD
- Three-Mile Population of 37,389 and Household Income of $84,142
- Outparcel to Shopping Center Anchored by #1 Kroger in Arkansas
- Four 5-Year Renewal Options with 10% Rent Increases
Executive Summary
Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a 3,876-square-foot building on a 0.88-acre lot leased to Tacos 4 Life in Benton, Arkansas. The absolute net lease with zero landlord responsibilities has approximately 5.5 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
3,876 SF
Building Class
B
Year Built
2017
Price
$2,734,285
Price Per SF
$705
Cap Rate
7%
NOI
$191,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.88 AC
Zoning
C-2
Parking
52 Spaces (10 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 805-04848-000 | Improvements Assessment | $149,868 |
| Land Assessment | $154,000 | Total Assessment | $303,868 |
PROPERTY TAXES
Parcel Number
805-04848-000
Land Assessment
$154,000
Improvements Assessment
$149,868
Total Assessment
$303,868
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7821 Alcoa Rd
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