1500 South Cherry Street, Pine Bluff, AR 71603

This is a prime opportunity to acquire a Church's Chicken property in Pine Bluff, Arkansas, offered at $2,250,000 at a 6.00% cap rate. The investment is secured by a new 20-year net lease and produces in-place NOI of $135,000, providing stable, predictable income. The lease also includes 7.5% rent increases every five years, along with four 5-year renewal options, supporting long-term income growth and tenant stability.

This location is a relocation of an existing Church's Chicken that has operated across the street in the immediate trade area since 1970, reflecting more than five decades of proven performance in this corridor.

The property is positioned at the intersection of South Cherry Street and West 15th Avenue, offering strong visibility and convenient access within the local street grid. It sits along a well-trafficked corridor, with East Harding Avenue seeing approximately 8,800 vehicles per day and nearby US Highway 65 handling around 7,100 vehicles daily. Known as the "Gateway to the Delta," Pine Bluff benefits from consistent local and commuter traffic supporting daily demand.

The surrounding area features a mix of national and local tenants, including Popeyes, Domino's Pizza, and The Pines Mall, creating an established commercial corridor. The market is also seeing increased economic activity from the $350 million Saracen Casino Resort, which is expected to generate approximately 2,100 jobs in the area. Within a 5-mile radius, the population totals 31,651 residents with an average household income of $58,099. Ongoing investment through the Go Forward Pine Bluff initiative continues to support long-term stability and growth in the trade area.