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Andy's Frozen Custard Drive-Through
New
For Sale
$3,167,000

1237 Mathias Dr, Springdale, AR 72762

Corporate-operated restaurant asset with a new absolute NNN lease structure and scheduled annual increases.

Property Size1,636 SF
Price / SF$1,935
Days on Market3

Property Features for 1237 Mathias Dr

General Information

Standard status Active
Size 1,636 SF
Property subtype Restaurant
Lease Type Absolute Net

Additional Details

Cap Rate 6%

Amenities

New 20-Year Absolute NNN Sale-Leaseback with 1.75% Annual Increases
Corporate Guaranty with 193+ Locations Across 15 States, Strong Financials
Upward Trending Unit-Level Sales with Year-Over-Year Growth and Profitable Store
Ranked #254 on Franchise Times Top 400 with a 30.7% Increase in Sales
Serving Over 100,000 Residents in One of the Fastest-Growing Regions in the U.S
Average Household Incomes Exceed $105,000 in 1 Mile and $94,700 in 3 Miles
Outparcel to High-Performing Sam's Club and Situated in Springdale's Primary Retail Corridor
Directly Across from The Crossings, a 500-Acre Class-A Master-Planned Mixed-Use Development

Building Details

Building Size 1,636 SF
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #License(s): CA: 01474991
Source: Marcusmillichap
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 5:19AM

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 - San Diego

Investment Insights

Based on property information with market context.

Andy's Frozen Custard is a drive-through restaurant property at 1237 Mathias Dr in Springdale, Arkansas, within the Fayetteville MSA. The asset is associated with the Andy's Frozen Custard brand and is configured for restaurant use with drive-through service.

The property is subject to a new corporate 20-year absolute NNN lease featuring 1.75% annual increases. The Springdale address places the restaurant within the Fayetteville MSA while retaining a distinct local operating location.

Key Highlights

  • Andy's Frozen Custard drive‑through restaurant
  • New corporate 20‑year absolute NNN lease
  • 1.75% annual increases

Property Analytics

Current Use

Andy's Frozen Custard Bakery

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Pharmacy Storage Facility Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby
323k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Superstores 33% Shops & Services 20% Home Improvements & Furnishings 5%
Sam's Club Superstores
105,088 visits/mo 0.3 miles
Chick-fil-A Dining
50,315 visits/mo 0.1 miles
Hobby Lobby Shops & Services
41,240 visits/mo 0.2 miles
Cracker Barrel Old Country Store Dining
25,792 visits/mo 0.3 miles
Harbor Freight Tools Home Improvements & Furnishings
16,036 visits/mo 0.1 miles

Demographics for 72762, AR

42,175
Population
17,270
Households
2.4
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
58.1 sq mi
ZIP Area
726
Density / Sq Mi
$80,678
Median Household Income
$42,066
Median Earnings
$1,118
Median Rent
$278,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Corporate-operated restaurant asset with a new absolute NNN lease structure and scheduled annual increases.
Where is this drive through restaurant located?
The property is located at 1237 Mathias Dr Springdale, AR.
What is the asking price?
The asking price for this property is $3,167,000.
What are key features of this property?
This property features: Andy's Frozen Custard drive‑through restaurant; New corporate 20‑year absolute NNN lease; 1.75% annual increases
More about this property
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