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Property profile & analytics
FOR LEASE
Grocery and convenience stores

3005 Pine St Arkadelphia, AR 71923

6,980 SF 1.06 ac lot Built 2021
Individually Owned 16-yr Hold Absentee Owner Free & Clear
Property ID
US05-0874441
Property summary
AI-generated overview

This exceptional 2,200 square foot retail space, situated on a 1.06-acre lot at 3005A Pine Street in Arkadelphia, Arkansas, presents a compelling opportunity for a quick-service restaurant (QSR) operator. Built in 2021, this single-story building offers a "plug-and-play" setup, minimizing initial investment and setup time. The property's strategic location less than a mile from Interstate 30, a major thoroughfare with approximately 36,000 vehicles daily, ensures high visibility and convenient access. Its proximity to Henderson State and Ouachita Baptist Universities, only two miles away, provides a substantial student population as a potential customer base. The property boasts a total building size of 6,980 square feet, with a minimum divisible space of 2,200 square feet, and a maximum contiguous space of 2,200 square feet currently vacant. The lease rate is $25.00 per square foot on a triple-net basis. With over 4,400 households within a 5-mile radius, this property offers a strong potential for serving the local community. The Clark County location, with APN 74-03901-000, provides a stable and attractive market for food service businesses. This is an ideal opportunity for a business seeking a well-established location with high traffic counts in a growing area. The property is zoned for C-Store and Restaurant use.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2021
Total area 6,980 SF
Lot 1.06 ac (46,174 SF)
APN 74-03901-000
UPID US05-0874441
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
  • Dairy Queen Grill & Chill Restaurant Take-out & Catering
  • Big Red Stores Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k
Owner & transaction history
Michelle Thornton · 16 yrs held
Michelle Thornton
since 2009
2 recorded transactions
2021
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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