Drive-Through Restaurant
For Sale
$650,000
1611 N 7th St, Van Buren, AR 72956
Restaurant improvements include a two-window drive-through, customer parking, and separate men’s and women’s restrooms.
Property Size2,157 SF
Lot Size0.68 Acres
Price / SF$301.34
Days on Market52
Property Features for 1611 N 7th St
General Information
Standard status
Active
Size
2,157 SF
Total Parking Spaces
19
Lot size
0.68 Acres
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Building Details
Year Built
2000
Tenancy
Single
Listing Agency:
Jim White Realty
Listed By:
Chaney Brewer · License #EB00071467
(479) 719-6874
Source:
Thebesthomeprice
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 7 at 3:37PM
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 Jim White Realty
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Investment Insights
Based on property information with market context.
This 2,157-square-foot restaurant building occupies approximately 0.68 acres at 1611 N 7th St in Van Buren, Arkansas. Constructed in 2000, the property includes a paved parking area with 19 spaces, a two-window drive-through, and separate men’s and women’s restrooms. The sale includes the real estate and improvements only; the operating business is excluded.
The property is positioned just off I-40, providing access to a major interstate corridor. Geno’s Pizza is the current tenant, with two years remaining on the lease. The current lease structure includes the owner’s payment of taxes and insurance.
The property is positioned just off I-40, providing access to a major interstate corridor. Geno’s Pizza is the current tenant, with two years remaining on the lease. The current lease structure includes the owner’s payment of taxes and insurance.
Key Highlights
- 2,157‑square‑foot restaurant building on 0.68 acres
- Located just off I‑40 in Van Buren, AR
- 19‑space parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,786
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,720
$455.7K
Cap Rate 7%
$325,514
$325.5K
Cap Rate 9%
$253,178
$253.2K
Market Conditions
NOI Build-Up for 2,157 SF
Gross rent
$32.4K $15.00/SF
− Vacancy
−$2.0K −$0.92/SF
EGI
$30.4K $14.09/SF
− OpEx
−$7.6K −$3.52/SF
NOI
$22.8K $10.56/SF
Area
Crawford County, AR
Vacancy
6.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,720
Cap Rate 7%
$325,514
Cap Rate 9%
$253,178
Alternative Uses
Best Use
Specialty Retail
$325.5K
$284.8K – $379.8K
NOI $22,786 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$413.6K
$361.9K – $482.5K
NOI $28,949 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Explore this area
Business Placement
Demographics for 72956, AR
33,870
Population
14,119
Households
2.4
Avg Household Size
39
Median Age
19%
College-Educated
87%
High-School Grad
103.8 sq mi
ZIP Area
326
Density / Sq Mi
$60,387
Median Household Income
$33,894
Median Earnings
$825
Median Rent
$177,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Restaurant improvements include a two-window drive-through, customer parking, and separate men’s and women’s restrooms.
Where is this drive through restaurant located?
The property is located at 1611 N 7th St Van Buren, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,157‑square‑foot restaurant building on 0.68 acres; Located just off I‑40 in Van Buren, AR; 19‑space parking lot
