Listed by SRS Real Estate Partners New York, SRS Real Estate Partners Atlanta
$3,508,000
Layne's Chicken Fingers | North Little Rock AR
Details
APN 33N-019-05-034-00
Property Type Retail
Sub Type Restaurant
Square Footage 3,406
Cap Rate 6.5%
NOI $228,000
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/30/2041
Remaining Term 14.8
Rent Bumps Yes
Lease Options 8 (5-Year)
Year Built 2026
Acreage 0.950
Zoning General Commercial
Parking Spaces 36 spaces
Parking per 1,000 SqFt 10.57
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 05/15/2026
Ground Lease No
Ownership Fee Simple
Retail | 6.50% CAP | 3,406 SqFt
Marketing description
• The tenant just signed a brand new 15-year lease with 8 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years and at the beginning of each option period, growing NOI and hedging against inflation
• The newly constructed site features a state-of-the-art design with high-quality materials
• Store sales above average AUV - Contract Broker for Store Sales Data
• Operator is rapidly growing and has a 55-unit development deal with Layne’s
Investment highlights
- Brand New 15-Year Lease | Scheduled Rental Increases | Brand New Construction | Growing Brand
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- McCain Mall (793,000+ SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence |
- Along McCain Blvd | Interstate 40 & 57 | Excellent Visibility & Access
- Strong Demographics in 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners New York, SRS Real Estate Partners Atlanta
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$228,000.00
$19,000.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Name
License
Brokerage
Is there information that looks off?
