Listed by Marcus & Millichap - San Diego, Colliers - Little Rock, Arkansas
$3,304,348
CHEDDAR'S SCRATCH KITCHEN (DARDEN) | ABSOLUTE NET LEASE
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 6,181
Cap Rate 5.75%
NOI $190,000
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 07/31/2036
Remaining Term 10
Rent Bumps Yes
Class A
Year Built 2026
Acreage 1.860
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Brand New 2026 Construction
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310689/cheddars
Investment highlights
- Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction w/ New Prototype Design.
- Strategically Positioned Adjacent to U.S. Highway 67/167 with Immediate On Ramp Access, providing Exceptional Visibility and Capturing both Local and Regional Consumer Traffic.
- Cheddars Scratch Kitchen is a Nationally Recognized Concept Known for High Volume Operations, Broad Demographic Appeal, and Strong Customer Loyalty, Driving Consistent Traffic and Repeat Visitation.
- Subsidiary of Darden Restaurants, Inc. (NYSE: DRI), an Investment Grade Rated Company featuring approximately $11+ Billion in Annual Revenue and a Portfolio of nearly 2,000 Company Owned Restaurant Locations Nationwide.
- Positioned Directly across from the Planned Target Anchored Development Opening 2026, driving Significant New Retail Traffic, National Tenant Synergy, and Long Term Appreciation within Searcy’s Primary Commercial Growth Node.
- Surrounded by National Retailers including Academy Sports Outdoors, TJ Maxx, Ulta, ALDI, Atwoods, and Hobby Lobby, creating a Proven Retail Corridor with Consistent Traffic Generation and Strong Consumer Draw.
- Situated within One Mile of Harding University with over 4,600 Students and 1,000 Employees, driving Consistent Consumer Activity and Supporting Retail and Dining Demand throughout the Year.
- Benefiting from Proximity to Sam’s Club Distribution Center and Regional Industrial Employers, Creating Consistent Daytime Population and Supporting Long Term Retail Viability within the Immediate Trade Area. Located Near Searcy Sports Complex Spanning over 118 Acres, Hosting Regional Tournaments and Events that drive Significant Weekend Traffic and Seasonal Consumer Spending to the Immediate Area.
Listing Contacts
Listed by Marcus & Millichap - San Diego, Colliers - Little Rock, Arkansas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$190,000.00
$15,833.33/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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