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    113 W Pershing Blvd North Little Rock, AR 72114

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    For Sale
    $1,313,516

    Vacant restaurant property with lease and income in place.

    Property size:
    2,141 SF
    Lot size:
    1.05 Acres

    Property Features for 113 W Pershing Blvd

    General Information

    Size
    2,141 SF
    Lot size
    1.05 Acres

    Source: Marcus & Millichap | Dallas Agent John Paine

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant on I-40 Frontage

    This is a turnkey restaurant opportunity, featuring a 2,141-square-foot building constructed in 2017. The property is situated on a 1.05-acre lot with frontage on Interstate 40, which sees a traffic volume of 90,000 vehicles per day. The location benefits from a three-mile population of 55,566 and an average household income of $81,197. The ground lease has 12 years remaining, with annual rent increases of 1.5%. The property is currently vacant, but the tenant is still paying monthly rent and is responsible for all triple net expenses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.265974
    Latitude
    34.779538

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    FAQs

    What type of property is this?
    Turn key restaurant - Vacant restaurant property with lease and income in place.
    Where is this turn key restaurant located?
    The property is located at 113 W Pershing Blvd North Little Rock, AR.
    What is the asking price?
    The asking price for this property is $1,313,516.
    What are key features of this property?
    This property features: - Interstate 40 Frontage with 90,000 VPD; - Turnkey Restaurant Opportunity that is 2,141 SF Building Built in 2017 on 1.05 Acre Lot; - Vacant Property with the Tenant Still Paying Monthly Rent and Tenant Responsible for All Triple Net Expenses
    (972) 755-5200
    Request Owner's contact information
    113 W Pershing Blvd North Little Rock, AR 72114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 W Pershing Blvd North Little Rock, AR 72114
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