Freestanding NNN Restaurant Ground
For Sale
Contact for pricing
102 Buena Vista Rd, Hot Springs, AR 71913
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$686.80
Days on Market162
Property Features for 102 Buena Vista Rd
General Information
Standard status
Active
Size
3,145 SF
Total Parking Spaces
38
Property subtype
Retail
Zoning
C-R
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$129,600
Building Details
Year Built
2019
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Baton Rouge
Listed By:
Steve Greer · License #LA995710346
(225) 329-8385
Source:
Crexi
Added: Mar 31
Changed: Sep 7
Last Checked: Sep 7 at 8:03AM
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 - Baton Rouge
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
570k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Superstores 21%
Home Improvements & Furnishings 17%
Apparel 15%
Walmart
Superstores
120,758 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
52,337 visits/mo
0.4 miles
Chick-fil-A
Dining
51,468 visits/mo
0.3 miles
T.J. Maxx
Apparel
50,946 visits/mo
0.5 miles
Harbor Freight Tools
Home Improvements & Furnishings
37,576 visits/mo
0.5 miles
Demographics for 71913, AR
46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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 $2,160,000.
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
