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    OFF-MARKET
    Drive through restaurants

    1401 Main St, Magnolia, AR 71753-3833

    2,962 SF 0.9 ac lot Built 2010
    Entity Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-2197385
    Property summary
    AI-generated overview

    This exceptional 2,538-square-foot retail space, located at 1401 E Main Street in Magnolia, Arkansas, presents a unique opportunity for businesses seeking high visibility and established infrastructure. Previously operating as a quick-service restaurant, this single-tenant building boasts a convenient drive-thru, ensuring ease of access for customers. The property benefits from significant daily traffic exposure, with approximately 10,000 vehicles passing by daily. Ample parking is available for patrons and employees. Built in 2007, the one-story building is situated on a single lot in Columbia County and offers a turnkey solution for a variety of businesses. The property is available for sublease, offering a long-term lease opportunity extending until May 31, 2037, providing stability and predictability for future operations. The sublease rate is negotiable, making this an attractive proposition for prospective tenants. This location is ideal for food service operators or other businesses seeking a high-traffic, easily accessible location in a steadily growing area of Magnolia. The existing infrastructure minimizes upfront investment, allowing businesses to focus on operations and growth. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 2010
    Total area 2,962 SF
    Lot 0.9 ac (39,204 SF)
    APN 01-03603-00000
    UPID US05-2197385
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Findley Farms Enterprises INC · 8 yrs held
    Findley Farms Enterprises INC
    since 2017
    2 recorded transactions
    2017
    $745,000
    2017
    $839,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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