Property profile

1230 Edgar St Fordyce, AR 71742

OFF-MARKET
Drive through restaurants
Property ID
US05-1812158
5,400 SF 3.92 ac lot Built 2015
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 5,400 square foot retail center anchored by a McDonald's and AT&T in Fordyce, Arkansas. Built in 2015, the property boasts a strong 6.50% cap rate and a substantial 3.9-acre lot, offering significant potential for future expansion or development. The McDonald's location benefits from a 20-year lease (commencing July 10, 2014, and expiring July 10, 2034), providing 9.6 years of remaining lease term, with a corporate guarantee. The lease includes 10% rent bumps at each option period. The property features two tenants, with 100% occupancy, generating a net operating income (NOI) of $75,056. Strategically located at the signalized intersection of US-79 and N Edgar Street, the center enjoys high visibility and benefits from a daily traffic count of 13,600 vehicles. This represents a 31% increase from a few years prior. The property's location, approximately 70 miles south of Little Rock, serves both local residents and travelers, making it an attractive investment with strong, national tenants. The asking price is $1,155,000. This is a rare opportunity to acquire a well-positioned, high-performing retail property with significant upside potential.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2015
Total area 5,400 SF
Lot 3.92 ac (170,755 SF)
APN 970-03810-001
UPID US05-1812158

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store
  • Restaurant Take-out & Catering

Location

1230 Edgar St Fordyce, AR 71742-7026
Fordyce metro Census 970300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.18M

Owner & transaction history

since 2023
Last sale
$1.3M
2 recorded transactions
2023
$1.3M
2021
$1.1M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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