7820 Sheridan RdWhite Hall, AR 71602

  • Retail properties
  • 3,204 SF
For Sale
$1,613,414 View listing

Property Details for 7820 Sheridan Rd

Year built
2015
Lot size
0.88 AC
Property size (Sq ft)
3,204 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
970-02801-000
APU
97002801000

Description

This exceptional investment opportunity presents a fee-simple, single-tenant Burger King property in White Hall, Arkansas. The 3,204 square-foot building, constructed in 2015, sits on a 0.89-acre lot and boasts a 10.5-year remaining lease term (expiring July 31, 2035) with a 6.15% cap rate and a strong NOI of $99,225. The absolute triple-net (NNN) lease structure ensures zero landlord responsibilities. The franchisee, operating since 1979, manages 21 units, demonstrating significant experience and operational success. The property's prime location, situated near major roadways, hotels (Super 8 and Holiday Inn), and other prominent QSR brands (McDonald's, Taco Bell, Popeyes, and Dairy Queen), contributes to its exceptional performance. The lease includes rent bumps and options for 4 or 5-year extensions. The property's high sales volume is reflected in a 6.98% rent-to-sales ratio. The location's proximity to Gandy Elementary School and the University of Pine Bluff (approximately 3,000 students) further enhances its appeal. White Hall itself is a rapidly growing community with a high median household income, making this a compelling investment with significant long-term potential. The asking price is $1,613,414, translating to $503.56 per square foot.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $748,637
    6.5%
    $691,050
    7%
    $641,689
  • Comparable approach

    Method
    Valuation
    Relative Method
    $577,539
    Geo Method
    $577,539
  • Alternative Use

    Use
    Valuation
    Residential
    $582,926
    Hospitality
    $533,958
    Educational
    $444,246
    Medical
    $459,525
    Retail
    $691,050
7820 Sheridan Rd, White Hall, Arkansas
Leaflet | © OpenStreetMap contributors

Location Insight

City
White Hall
County
Jefferson
State
Arkansas
Latitude
34.2591
Longitude
-92.0999
CBSA code
38220
CBSA name
PINE BLUFF, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,819
$89,260
$110,840
$200,100
-
$446,300
$554,200
$1,000,500

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.