2023 Main St Cabot, AR 72023

Property Details for 2023 Main St

Year built

2020

Lot size

0.86 lot acres

Property size

1,462 SF

Property type

Retail properties

Description

This exceptional investment opportunity presents a 1,462 square foot, single-tenant, Class A QSR property located at 2023 W Main St, Cabot, AR 72023. The property, built in 2020, boasts a prime location in Cabot's busiest corridor, just off Highway 167 (future I-57), and is surrounded by a variety of national and regional retail tenants, ensuring high visibility and foot traffic. The property is currently 100% occupied under an absolute NNN lease with a remaining term of 10.5 years (expiring 05/24/2035), offering significant long-term stability for investors. The lease features attractive 2% annual rent escalations, mitigating inflation risks. The current annual net operating income (NOI) is $100,666, resulting in a 6.62% cap rate and a pro-forma cap rate of 6.76%. The 0.86-acre lot is zoned commercial, providing flexibility for future development. This investment offers a compelling combination of strong tenant performance, a desirable location in a growing market, and a secure, long-term lease structure. The property's high-performing nature, coupled with the built-in rent increases, makes it an ideal addition to any diversified real estate portfolio. The central Arkansas location, near Little Rock, provides access to a large population base and robust economic activity. This is a rare opportunity to acquire a high-quality, net-leased QSR property with exceptional long-term growth potential.