Freestanding Wendy's
For Sale
Contact for pricing
Pending
17717 Cantrell Rd, Little Rock, AR 72223
Freestanding, NNN-leased drive-thru restaurant with frontage on Cantrell Road at a signalized intersection.
Property Size3,790 SF
Lot Size1.19 Acres
Days on Market56
Property Features for 17717 Cantrell Rd
General Information
Standard status
Pending
Size
3,790 SF
Lot size
1.19 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$227,632
Financials
Cap Rate
6.5%
Business Included
Yes
Additional Details
Traffic Count
24,064 vehicles/day
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
Marcus & Millichap - Los Angeles
(310) 909-5500
Listed By:
Jason Fefer · License #CA 02100489
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 11 at 8:34AM
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 - Los Angeles
Investment Insights
Based on property information with market context.
This offering is a freestanding Wendy’s drive-thru restaurant built in 2016. The property is secured by an NNN lease with approximately 15 years remaining through February 2041, and it includes three five-year renewal options. The structure is positioned on an approximately 1.19-acre site and is described as having zero landlord responsibilities under the lease.
The restaurant fronts Cantrell Road (AR-10) at a signalized intersection with Ranch Boulevard. Vehicular traffic counts provided in the remarks are approximately 20,694 VPD on Cantrell Road and approximately 3,370 VPD on Ranch Boulevard. Access is supported by nearby Interstate 430 and Chenal Parkway, with corridor neighbors listed as Walmart, Subway, Tropical Cafe, Walgreens, and Great Clips adjacent to the site.
For investors, the asset is presented as a turnkey, professionally leased restaurant with an income stream backed by a tenant guarantee from FourJay, LLC, a 152-unit Wendy’s franchisee. The lease terms cited include annual base rent of $227,632 with 1.5% annual rent increases compounding throughout the lease term, providing a defined long-term contract structure. The property’s drive-thru format and primary retail frontage make it a practical fit for buyers seeking a specialized NNN restaurant with long-dated lease duration.
The restaurant fronts Cantrell Road (AR-10) at a signalized intersection with Ranch Boulevard. Vehicular traffic counts provided in the remarks are approximately 20,694 VPD on Cantrell Road and approximately 3,370 VPD on Ranch Boulevard. Access is supported by nearby Interstate 430 and Chenal Parkway, with corridor neighbors listed as Walmart, Subway, Tropical Cafe, Walgreens, and Great Clips adjacent to the site.
For investors, the asset is presented as a turnkey, professionally leased restaurant with an income stream backed by a tenant guarantee from FourJay, LLC, a 152-unit Wendy’s franchisee. The lease terms cited include annual base rent of $227,632 with 1.5% annual rent increases compounding throughout the lease term, providing a defined long-term contract structure. The property’s drive-thru format and primary retail frontage make it a practical fit for buyers seeking a specialized NNN restaurant with long-dated lease duration.
Key Highlights
- Freestanding Wendy’s drive‑thru restaurant built in 2016 with 3,790 SF on 1.19 acres
- NNN lease with ~15 years remaining through February 2041 and three 5‑year renewal options
- Annual base rent of $227,632 with 6.50% cap rate and 1.5% annual compounding rent increases throughout the lease term
Property Analytics
Property Profile
Current Use
Lease Details
24,064 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
701
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Bank OZK
Shops & Services
701 visits/mo
0.3 miles
Demographics for 72223, AR
25,465
Population
12,279
Households
2.1
Avg Household Size
41
Median Age
66%
College-Educated
98%
High-School Grad
48.5 sq mi
ZIP Area
525
Density / Sq Mi
$99,063
Median Household Income
$62,227
Median Earnings
$1,242
Median Rent
$435,100
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?
Drive through restaurant - Freestanding, NNN-leased drive-thru restaurant with frontage on Cantrell Road at a signalized intersection.
Where is this drive through restaurant located?
The property is located at 17717 Cantrell Rd Little Rock, AR.
What is the asking price?
The asking price for this property is $3,502,031.
What are key features of this property?
This property features: Freestanding Wendy’s drive‑thru restaurant built in 2016 with 3,790 SF on 1.19 acres; NNN lease with ~15 years remaining through February 2041 and three 5‑year renewal options; Annual base rent of $227,632 with 6.50% cap rate and 1.5% annual compounding rent increases throughout the lease term
