2200 Main St, Russellville, AR 72802-5364
This exceptional investment opportunity features a 2,600 square foot Slim Chickens restaurant located at 2200 E Main St, Russellville, AR 72802. The property sits on a 1.03-acre lot and benefits from an absolute NNN lease with 10.5 years remaining on the initial 15.1-year term, plus two 5-year options. The lease includes 10% rental escalations every five years, providing consistent income growth. The property boasts a 6.15% cap rate and a strong net operating income (NOI) of $170,500. This high-visibility location on Main Street enjoys significant daily traffic and is conveniently situated minutes from Arkansas Tech University, serving a student population exceeding 10,000. The tenant, Dixie Chickens, LLC, is the largest Slim Chickens franchisee, operating multiple locations and demonstrating strong operational expertise. This passive investment offers a compelling combination of secure income, growth potential, and a prime location in a diverse and growing Arkansas economy. The property is currently 100% occupied.
-
Pope County Farmers Market Specialty Food Shop Farmer's Market
-
Slim Chickens Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.