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    Property profile & analytics
    FOR SALE
    Turn key restaurants

    4300 W Walnut St, Rogers, AR 72756

    6,479 SF 1.71 ac lot Built 2005
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US05-0221742
    Property summary
    AI-generated overview

    This exceptional investment opportunity features a 6,582 square foot Red Robin restaurant in Rogers, Arkansas, boasting a brand-new 15-year absolute NNN lease commencing August 30, 2023, and expiring August 31, 2038. The lease includes four, five-year renewal options with 10% rent increases every five years. The property benefits from a corporate guarantee, eliminating landlord responsibilities. Situated on West Walnut Street, a highly trafficked corridor with 35,000 vehicles per day, this location enjoys exceptional visibility and accessibility. Its proximity to Interstate 49, a major thoroughfare with over 100,000 vehicles per day, further enhances its appeal. The property is strategically located adjacent to the Scottsdale Center, a 318,404 square foot strip mall anchored by a variety of national retailers including Big Lots, Marshalls & HomeGoods, Bealls, Chick-fil-A, Office Depot, Sonic Drive-In, AT&T Store, IHOP, Outback Steakhouse, and Firestone Complete Auto Care. The property's strong tenant, favorable lease terms, and prime location contribute to a compelling 6.50% cap rate and a net operating income (NOI) of $250,000. Built in 2005, this restaurant presents a secure and profitable investment opportunity. The property's zip code is 72756, and it is located in Benton County.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2005
    Total area 6,479 SF
    Lot 1.71 ac (74,488 SF)
    APN 02-18900-000
    UPID US05-0221742
    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
    • Red Robin Gourmet Burgers and Brews Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.36M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.76M
    Blend (final) Blend
    $3.90M
    Owner & transaction history
    Red Robin International INC · 2 yrs held
    Red Robin International INC
    since 2023
    Last sale
    $3.5M
    6 recorded transactions
    2023
    2023
    $3.5M
    2022
    2011
    2007
    2004
    $700,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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