2023 Main St Cabot, AR 72023
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 2023 Main St
- Year built
- 2020
- Lot size
- 0.86 lot acres
- Property size
- 1,462 SF
- Property type
- Retail properties & Spaces
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cabot
- County
- Lonoke
- State
- Arkansas
- Longitude
- -92.04
- Latitude
- 34.9814
