Church's Chicken Investment
1500 South Cherry Street Pine Bluff, AR 71603
1500 South Cherry Street, Pine Bluff, AR, 71603
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For Sale
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Established Church's Chicken property with a new 20-year net lease.
Property Size1,200 SF
Price / SF$1,875
Days on Market57
Property Features for 1500 South Cherry Street
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Retail
Listing Agency
The Kase Group
Listed by
Robert Walker · License #CA 01954360
Source
Crexi
Added: May 26 Updated: Jul 10 at 1:42 pm Checked: Jul 20 at 3:45 am
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 The Kase Group
Investment Insights
Based on property information with market context.
This Church's Chicken property in Pine Bluff, Arkansas, is available for purchase. The property operates under a new 20-year net lease with an in-place net operating income of $135,000, reflecting a 6.00% capitalization rate. The lease incorporates 7.5% rent increases every five years, along with four 5-year renewal options. The location represents a relocation of an existing Church's Chicken that has been operating in the immediate trade area since 1970. Situated at the intersection of South Cherry Street and West 15th Avenue, the property benefits from visibility and accessibility. It is located along a well-trafficked corridor, with East Harding Avenue seeing approximately 8,800 vehicles per day and US Highway 65 handling around 7,100 vehicles daily. The surrounding area includes national and local tenants, such as Popeyes, Domino's Pizza, and The Pines Mall. The market is experiencing economic activity from the $350 million Saracen Casino Resort, which is expected to generate approximately 2,100 jobs. Within a 5-mile radius, the population totals 31,651 residents with an average household income of $58,099. The Go Forward Pine Bluff initiative supports long-term stability and growth in the trade area. The property size is 1,200 square feet.
Key Highlights
- New 20‑year net lease provides stable, predictable income with in‑place NOI of $135,000.
- Proven Church's Chicken location with over 50 years of operation in the immediate trade area.
- Favorable lease terms include 7.5% rent increases every five years and four 5‑year renewal options.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Established Church's Chicken property with a new 20-year net lease.
Where is this drive through restaurant located?
The property is located at 1500 South Cherry Street Pine Bluff, 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: New 20‑year net lease provides stable, predictable income with in‑place NOI of $135,000.; Proven Church's Chicken location with over 50 years of operation in the immediate trade area.; Favorable lease terms include 7.5% rent increases every five years and four 5‑year renewal options.
