Freestanding NNN Restaurant Ground
102 Buena Vista Rd Hot Springs, AR 71913
102 Buena Vista Rd, Hot Springs, AR, 71913
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For Sale
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2019-built restaurant on an absolute NNN ground lease with approximately 10.5 years remaining and fixed 8% increases every five years.
Property Size3,145 SF
Price / SF$715.42
Days on Market113
Property Features for 102 Buena Vista Rd
General Information
- Standard status
- Active
- Size
- 3,145 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing agency
Marcus & Millichap - Palo Alto
(225) 329-8385
Listed by
Steve Sauter · License #CA 01084092
Source
Crexi
Added: Mar 31 Updated: Jul 20 at 11:23PM Checked: Jul 21 at 4:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
Newly constructed in 2019, this freestanding restaurant property is leased under an absolute NNN ground lease structure with approximately 10.5 years remaining. The lease provides for 8.0% fixed rent increases every five years. The current operator is Freddy’s Frozen Custard & Steakburgers, selected for the site’s corner parcel location.
The property is situated at a busy, signalized intersection and is positioned in front of a Wal-Mart Supercenter. The Hot Springs, Arkansas market is supported by year-round visitation, including Hot Springs National Park and Oaklawn Racing Casino.
The offering is focused on the leasehold of this restaurant asset under the absolute NNN ground lease, with contractual fixed rent escalation tied to the five-year intervals.
The property is situated at a busy, signalized intersection and is positioned in front of a Wal-Mart Supercenter. The Hot Springs, Arkansas market is supported by year-round visitation, including Hot Springs National Park and Oaklawn Racing Casino.
The offering is focused on the leasehold of this restaurant asset under the absolute NNN ground lease, with contractual fixed rent escalation tied to the five-year intervals.
Key Highlights
- 2019‑built Freddy's Frozen Custard & Steakburgers on an absolute NNN ground lease
- Approximately 10.5 years remaining on the ground lease with fixed 8% rent increases every 5 years
- Ground lease designed with an 8.0% fixed rent increase schedule every five years
Property Analytics
Location Intelligence
Current Use by Public Records
Freddy's Frozen Custard ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - 2019-built restaurant on an absolute NNN ground lease with approximately 10.5 years remaining and fixed 8% increases every five years.
Where is this nnn property located?
The property is located at 102 Buena Vista Rd Hot Springs, AR.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 2019‑built Freddy's Frozen Custard & Steakburgers on an absolute NNN ground lease; Approximately 10.5 years remaining on the ground lease with fixed 8% rent increases every 5 years; Ground lease designed with an 8.0% fixed rent increase schedule every five years
