111 W Bean St, Lincoln, AR 72744
Remodeled restaurant building with a vent hood and walk-in cooler, currently occupied through 5/31/27.
- Added:
- Apr 17, 2026
- Days on Market:
- 72
- Last Refresh:
- Jun 24 at 5:07 am
Property Features for 111 W Bean St
General Information
- Standard status
- Active
- Size
- 4,230 SF
Listing office Steve Fineberg & Associates (479) 530-3774
Listing date Apr 17, 2026
Source Exprealty
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 Steve Fineberg & Associates
HighLights
- Remodeled 4,230 SF building on the Lincoln city square, currently occupied by Mexican restaurant La Villa
- Vent hood and walk‑in cooler included
- Tenant in place through 5/31/27
- Property completely renovated in 2022 with redesigned interior and enhanced infrastructure
Overview
Located on the Lincoln city square at 111 W Bean St, the property benefits from being positioned within the city’s commercial core. The seller also notes that 113 W Bean St and 117-119 W Bean St are available for sale as well.
For a buyer or operator, the practical advantage is immediate restaurant functionality, supported by the listed food-service improvements and the 2022 renovation. The space is currently under occupancy by the existing tenant, with the tenant scheduled to remain in place until 5/31/27, which can be useful for buyers evaluating a sale with a near-term hold of operating continuity.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.1k | $18.00 |
| − Vacancy | −$5.0k | −$1.19 |
| EGI | $71.1k | $16.81 |
| − OpEx | −$17.8k | −$4.20 |
| NOI | $53.3k | $12.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Washington
- State
- Arkansas
- Longitude
- -94.423741
- Latitude
- 35.950125
