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    OFF-MARKET
    Drive through restaurants

    3302 Washington St, Forrest City, AR 72335-9579

    2,577 SF 1.16 ac lot Built 1999
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-0754697
    Property summary
    AI-generated overview

    This exceptional 2,582 square foot freestanding commercial property, located in St. Francis County, presents a unique opportunity for a variety of retail or restaurant businesses. Previously occupied by a Wendy's restaurant (Store #220), the building is currently vacant and ready for immediate occupancy. The single-tenant structure offers ample space for customization and adaptation to suit a new tenant's specific needs. Its prominent location as a freestanding outparcel ensures high visibility and accessibility, making it an ideal spot for attracting customers. The property's existing infrastructure provides a solid foundation for a quick and efficient build-out, minimizing upfront costs and maximizing return on investment. This turnkey solution eliminates the need for extensive renovations, allowing businesses to focus on operations and growth. The property's size and layout are well-suited for a variety of concepts, from quick-service restaurants to retail stores. With its strategic location and readily available space, this property represents a compelling investment opportunity in a thriving market. Serious inquiries are encouraged to explore the potential of this exceptional commercial space. The property is offered as-is.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1999
    Total area 2,577 SF
    Lot 1.16 ac (50,530 SF)
    APN 0800-00097-0003
    UPID US05-0754697
    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
    • Wendy's Restaurant Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Triple Net Realty LLC · 7 yrs held
    Triple Net Realty LLC
    since 2018
    2 recorded transactions
    2019
    2018
    $350,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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