Freestanding Arby’s
1606 W Kingshighway Paragould, AR 72450
1606 W Kingshighway, Paragould, AR, 72450
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For Sale
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Absolute NNN leased freestanding Arby’s drive-through with 2% annual rent increases starting August 2032.
Property Size2,400 SF
Price / SF$883.33
Days on Market79
Property Features for 1606 W Kingshighway
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing agency
SRS Real Estate Partners New York
(480) 221-4221
Listed by
Sabrina Sapienza · License #BROK.995710215-ACT
Source
Crexi
Added: May 5 Updated: Jul 22 at 10:30AM Checked: Jul 22 at 10:30AM
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
Location Intelligence
Current Use by Public Records
Arby's
Restaurant
Similar For Sale Nearby
FAQs
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
