1816 Reynolds Rd Bryant, AR 72022

Property Details for 1816 Reynolds Rd

Year built

2023

Lot size

0.60 lot acres

Property size

664 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 664-square-foot Scooter's Coffee location built in 2023, situated on a 0.6-acre lot in Bryant, Arkansas. The property benefits from a 15-year absolute triple-net (NNN) lease with a highly reputable franchisee, ensuring minimal landlord responsibilities. The lease includes annual rent increases of 1.5%, providing consistent income growth. The current annual net operating income (NOI) is $105,000, representing a 7.00% cap rate on the $1,500,000 asking price. This translates to a price per square foot of $2,259.04. The location is strategically positioned in a rapidly growing area, just 15 miles from Little Rock, Arkansas, and enjoys high visibility due to its proximity to schools and Interstate 30. The property's strong performance is evidenced by sales exceeding $1.2 million, resulting in a projected rent-to-sales ratio of approximately 8%. The lease includes two (2) and five (5) year renewal options. This is a single-tenant, single-story building with 100% occupancy. The franchisee is a multi-unit operator with plans for further expansion, adding to the investment's long-term value. This is a truly hands-off investment opportunity with significant upside potential.