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    FOR LEASE
    Drive through restaurants

    2630 S Shackleford Rd, Little Rock, AR 72205

    3,813 SF 1 ac lot Built 2017
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-0672252
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 2017
    Total area 3,813 SF
    Lot 1 ac (43,560 SF)
    APN 44L-078-18-007-01
    UPID US05-0672252
    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
    Current use
    Occupant on record · Public records
    • Tacos 4 Life Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $490k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $640k
    Blend (final) Blend
    $565k
    Owner & transaction history
    White Properties Limited Partnershi · 6 yrs held
    White Properties Limited Partnershi
    since 2019
    7 recorded transactions
    2021
    2020
    2020
    2019
    $2.7M
    2018
    2016
    $775,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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