2815 Cantrell RdLittle Rock, AR 72202

For Sale
$1,772,000

High-traffic Starbucks, strong ROI. Excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a freestanding Starbucks located at 2815 Cantrell Rd, Little Rock, Arkansas, 72202. Built in 2018, this 2,100 square foot retail property sits on a 0.47-acre lot and boasts a 100% occupancy rate with a strong, established tenant: Starbucks. The property is currently under a Net Net (NN) lease with a remaining term of 5 years (4.5 years remaining on the current lease). The asking price is $1,772,000, translating to a price per square foot of $51.70 and a compelling 6.25% cap rate. The property generates a substantial Net Operating Income (NOI) of $110,743 annually. This location benefits from significant morning car traffic heading into the city, ensuring consistent customer flow. The property's strong tenant, favorable lease terms, and high NOI make it an attractive investment for discerning buyers seeking a stable and profitable addition to their portfolio. The property's prime location and high visibility within a busy commercial corridor contribute to its exceptional investment potential. This is a rare opportunity to acquire a well-performing, established retail property in a desirable Little Rock location.

Property Details for 2815 Cantrell Rd

Property type
Other retail properties, Retail properties
Square Feet
2,100 SF
Year Built
2018
Lot Size (sq. ft)
20,473 SF

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.7595657
Longitude
-92.3081251
2815 Cantrell Rd, Little Rock, Arkansas

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2815 Cantrell Rd
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