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    FOR LEASE
    Drive through restaurants

    4601 Northshore Dr, North Little Rock, AR 72118

    6,009 SF 1.89 ac lot Built 2020
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-0863172
    Property summary
    AI-generated overview

    This exceptional 2,000 square foot retail space, situated on a 1.89-acre lot at 4601 Northshore Drive in North Little Rock, Arkansas, presents a compelling opportunity for a quick-service restaurant (QSR). Ideally positioned at the entrance to Northshore Business Park and less than a mile from Interstate 430 (70,000+ vehicles daily), this property boasts unparalleled visibility and accessibility. A signalized intersection directly off I-430 further enhances convenience. Built in 2020, the single-story building offers a total of 6,009 square feet, with 2,000 square feet currently vacant and immediately available. The space is designed as a plug-and-play QSR opportunity, minimizing setup time and costs. The property's Pulaski County location (APN: 43N-008.03-035.00) offers a strong customer base within a growing area. This is a triple-net lease at $22.00 per square foot. The minimum divisible space is 2,000 square feet, and the maximum contiguous space available is also 2,000 square feet. This location is perfect for food service operators seeking high traffic counts and an established location.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 2020
    Total area 6,009 SF
    Lot 1.89 ac (82,328 SF)
    APN 43N-008-03-035-00
    UPID US05-0863172
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.55M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.68M
    Blend (final) Blend
    $5.01M
    Owner & transaction history
    JACK PEARCE TRUST TRUST-1994 · 6 yrs held
    JACK PEARCE TRUST TRUST-1994
    since 2020
    Last sale
    $5.6M
    1 recorded transaction
    2020
    $5.6M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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