Net-Leased Restaurant with
For Sale
Contact for pricing
2017 N Hazel Street, Hope, AR 71801
KFC restaurant supported by an absolute NNN lease, drive-through service, and a signalized corner position.
Property SizeContact for details
Days on Market145
Property Features for 2017 N Hazel Street
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Pylon Signage
Yes
Highway Access
Yes
Road Access
Yes
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 6:18AM
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 Newport Beach
Investment Insights
Based on property information with market context.
This fee-simple restaurant property is occupied by KFC and includes a drive-through facility, large pylon signage, and access from the signalized intersection of North Hazel Street and Bill Clinton Drive in Hope, Arkansas. The planned sale-leaseback includes a new 20-year absolute NNN lease, under which the tenant assumes landlord responsibilities.
Lease provisions include four 5-year extension options, 10% rent increases every 5 years during the initial term and at each option commencement, and franchisee backing for the full lease term. The operator also provides a personal guarantee covering the first 5 years. The property sees a combined 16,700 vehicles daily at the intersection, while nearby Interstate 30 ramps serve approximately 30,000 VPD. Surrounding demand drivers include Walmart Supercenter, Walgreens, Anytime Fitness, Super 1 Foods, and several hotels and motels. The 5-mile trade area has more than 12,500 residents and an average household income of $47,853.
Lease provisions include four 5-year extension options, 10% rent increases every 5 years during the initial term and at each option commencement, and franchisee backing for the full lease term. The operator also provides a personal guarantee covering the first 5 years. The property sees a combined 16,700 vehicles daily at the intersection, while nearby Interstate 30 ramps serve approximately 30,000 VPD. Surrounding demand drivers include Walmart Supercenter, Walgreens, Anytime Fitness, Super 1 Foods, and several hotels and motels. The 5-mile trade area has more than 12,500 residents and an average household income of $47,853.
Key Highlights
- New 20‑year absolute NNN sale‑leaseback with zero landlord responsibilities
- Four 5‑year renewal options with 10% rent increases every 5 years
- KFC restaurant with drive‑through and large pylon sign
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 20%
Electronics 3%
Apparel 3%
Dollar Tree
Shops & Services
10,428 visits/mo
0.5 miles
KFC
Dining
6,684 visits/mo
0.2 miles
Shell
Shops & Services
6,166 visits/mo
0.3 miles
Exxon
Shops & Services
3,639 visits/mo
0.3 miles
Bank OZK
Shops & Services
2,171 visits/mo
0.5 miles
Demographics for 71801, AR
14,991
Population
6,900
Households
2.2
Avg Household Size
39
Median Age
14%
College-Educated
82%
High-School Grad
297.7 sq mi
ZIP Area
50
Density / Sq Mi
$47,723
Median Household Income
$37,035
Median Earnings
$775
Median Rent
$98,200
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 - KFC restaurant supported by an absolute NNN lease, drive-through service, and a signalized corner position.
Where is this nnn property located?
The property is located at 2017 N Hazel Street Hope, AR.
What are key features of this property?
This property features: New 20‑year absolute NNN sale‑leaseback with zero landlord responsibilities; Four 5‑year renewal options with 10% rent increases every 5 years; KFC restaurant with drive‑through and large pylon sign
