1625 Us-412, Siloam Springs, AR 72761

Property Details for 1625 Us-412

Year built

2000

Lot size

1.17 lot acres

Property type

Retail properties & Spaces

Property subtype

Restaurants

Description

This offering presents a fee-simple interest in a 3,098 square foot C-Mac's fast-casual restaurant with a drive-thru. Located in Siloam Springs, Arkansas, on a 1.17-acre lot at 1625 US-412, this property benefits from a strong retail corridor with high traffic volume (29,000 vehicles per day). The property is subject to a new 10-year absolute NNN lease with 2% annual rent increases and two, five-year options. The lease commenced in 2024 and expires August 31, 2034, providing a remaining lease term of approximately 9.8 years. The current annual net operating income (NOI) is $115,000, representing a 6.25% cap rate and a price per square foot of $593.93. Built in 2000 and renovated in 2014, the single-story building is 100% occupied. The property's location is further enhanced by its proximity to numerous national retailers and several new residential developments adding 330 lots, supporting significant population growth in the area (11.25% population and 11.97% household growth since 2020, with projected continued growth through 2028). The lease includes a personal guarantee from the CEO of Panhandle Restaurant Group, adding further security to the investment. This presents a compelling opportunity in a high-growth market with a strong tenant and favorable lease terms. The property's performance is further supported by the high Placer.ai scores of nearby retailers, including Walmart, McDonald's, and Dollar Tree.

Location Insight

City

Siloam Springs

County

Benton

State

Arkansas

Longitude

-94.5574

Latitude

36.1768