Freestanding Arby’s
For Sale
Contact for pricing
Pending
1606 W Kingshighway, Paragould, AR 72450
Absolute NNN leased freestanding Arby’s drive-through with 2% annual rent increases starting August 2032.
Property Size2,400 SF
Days on Market124
Property Features for 1606 W Kingshighway
General Information
Standard status
Pending
Size
2,400 SF
Total Parking Spaces
20
Property subtype
Retail
Zoning
Neighborhood Commercial
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$132,490
Building Details
Year Built
2016
Units
20
Tenancy
Single
Listing Agency:
SRS Real Estate Partners New York
Listed By:
Sabrina Sapienza · License #PB00099377
(914) 498-2225
Source:
Crexi
Added: May 5
Changed: Sep 4
Last Checked: Sep 4 at 12:42PM
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 SRS Real Estate Partners New York
Investment Insights
Based on property information with market context.
Freestanding Arby’s drive-through investment property offered as a leased fee interest on an absolute NNN basis, with zero landlord responsibilities. The property is leased to Hungry Pig Restaurant Operations, LLC, with over 19 years remaining in the initial lease term and four (5-year) options to extend. Rental increases are scheduled at 2.0% annually starting in August 2032 and continuing through the initial term and option periods.
The site is located along W. Kingshighway (U.S. Highway 412) with approximately 22,000 VPD and features significant street frontage and a large pylon sign for visibility. It is directly across the street from Paragould Plaza, a 121,000 SF neighborhood shopping center anchored by Dollar General and Superior Sleep, and is near Town West Shopping Center, a 142,000 SF center anchored by Lowe’s, Harbor Freight, and Five Below.
Nearby national retailers noted in the area include Walmart, Aldi, PetSmart, Dollar Tree, CVS, Walgreens, McDonald’s, and O’Reilly Auto, supporting a well-established retail trade area.
The site is located along W. Kingshighway (U.S. Highway 412) with approximately 22,000 VPD and features significant street frontage and a large pylon sign for visibility. It is directly across the street from Paragould Plaza, a 121,000 SF neighborhood shopping center anchored by Dollar General and Superior Sleep, and is near Town West Shopping Center, a 142,000 SF center anchored by Lowe’s, Harbor Freight, and Five Below.
Nearby national retailers noted in the area include Walmart, Aldi, PetSmart, Dollar Tree, CVS, Walgreens, McDonald’s, and O’Reilly Auto, supporting a well-established retail trade area.
Key Highlights
- 2016‑built, freestanding Arby’s drive‑through offered as an absolute NNN leased fee (land ownership)
- Hungry Pig Restaurant Operations, LLC lease has 19+ years remaining in the initial term with four (5‑year) extension options
- 2.0% annual rental increases start August 2032 and continue through the initial term and extension options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,572 visits/mo
0.2 miles
Exxon
Shops & Services
6,258 visits/mo
0.4 miles
Citgo
Shops & Services
2,859 visits/mo
0.5 miles
Demographics for 72450, AR
39,945
Population
16,784
Households
2.4
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
285.3 sq mi
ZIP Area
140
Density / Sq Mi
$56,390
Median Household Income
$37,008
Median Earnings
$865
Median Rent
$169,100
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 - Absolute NNN leased freestanding Arby’s drive-through with 2% annual rent increases starting August 2032.
Where is this nnn property located?
The property is located at 1606 W Kingshighway Paragould, AR.
What is the asking price?
The asking price for this property is $2,120,000.
What are key features of this property?
This property features: 2016‑built, freestanding Arby’s drive‑through offered as an absolute NNN leased fee (land ownership); Hungry Pig Restaurant Operations, LLC lease has 19+ years remaining in the initial term with four (5‑year) extension options; 2.0% annual rental increases start August 2032 and continue through the initial term and extension options
