1111 Us-62 Harrison, AR 72601

This exceptional investment opportunity presents a fee-simple, single-tenant retail property occupied by a Beef-A-Roo restaurant. Located at 1111 US-62, Harrison, AR 72601, this 4,005 square foot building sits on a 1.15-acre lot and boasts excellent visibility on US Highway 62, experiencing over 25,000 cars daily. The property underwent renovations in 2023. A new 20.1-year absolute NNN lease commenced October 24, 2022, and expires November 30, 2042, leaving a substantial 18-year remaining lease term. The lease includes 2% annual rent increases, protecting against inflation. The tenant is responsible for all property taxes, insurance, and capital expenditures, including roof, structure, and HVAC. The asking price is $2,805,000, representing a price per square foot of $700.37 and a 9.00% cap rate based on a current Net Operating Income (NOI) of $252,450. The lease includes four, five-year renewal options. The lease is personally guaranteed by an individual with a net worth exceeding $60 million. The property benefits from a strong demographic profile, serving a 10-mile population of 30,325 with an average household income of $65,476. This is a rare opportunity to acquire a stable, high-performing investment with significant long-term growth potential.