2630 Shackleford Rd Little Rock, AR 72205-6916

Property Details for 2630 Shackleford Rd

Year built

2017

Lot size

1.00 lot acres

Property size

3,813 SF

Property type

Drive through restaurants

APN

44L-078-18-007-01

APU

44L0781800701

Description

This exceptional investment opportunity presents a 3,850-square-foot fast-food building situated on a one-acre outparcel of the Shackleford Shopping Mall in Little Rock, Arkansas. The property boasts a strong 7.00% cap rate and a Net Operating Income (NOI) of $200,415. Currently leased to a tenant pool including nationally recognized brands, the absolute NNN lease features zero landlord responsibilities and a corporate guarantee. The lease commenced November 1, 2017, and expires November 1, 2029, with four five-year renewal options, each including a 10% rent increase. The property benefits from its location within a high-traffic area, experiencing over 18,000 vehicles per day on Shackleford Road and over 90,000 vehicles per day on I-430. The surrounding area demonstrates robust demographics, with a population of 60,853 within three miles and 144,785 within five miles. This prime location is further enhanced by its proximity to other national credit tenants such as Texas Roadhouse, Longhorn Steakhouse, Cracker Barrel, Chuck E. Cheese, and BJ's Restaurant and Brewhouse, contributing to a thriving retail environment. The Shackleford Shopping Mall itself receives 4.5 million annual visits, and a nearby Walmart sees 2.3 million annual visits, ensuring consistent high foot traffic. This fee-simple property offers a secure, passive income stream with significant long-term growth potential. The asking price is $2,863,071.

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Longitude

-92.3956

Latitude

34.73

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments