610 Bowman Rd Little Rock, AR 72211-3614
Property Lookup
Property profile & analytics
610 Bowman Rd Little Rock, AR 72211-3614
- Drive through restaurants
- 2,627 SF
- 0.67 lot acres
Property ID
US05-2222745
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Freddy's Frozen Custard & Steakburgers / Restaurant / Take-out & Catering
Property Details for 610 Bowman Rd
- Year built
- 2017
- Lot size
- 0.67 lot acres
- Property size
- 2,627 SF
- Property type
- Drive through restaurants
- APN
- 44L-062-13-000-03
- APU
- 44L0621300003
Description
This exceptional investment opportunity presents a thriving Freddy's Frozen Custard & Steakburgers franchise in Little Rock, Arkansas. Located on S Bowman Rd, this 2,600 sq ft QSR enjoys a prime position in a high-traffic area, seeing approximately 39,000 vehicles daily. The property boasts a strong 6.75% cap rate and a substantial NOI of $162,800, supported by a 100% occupancy rate. The current lease is a NNN structure with approximately 8 years remaining, including three 5-year renewal options and a 10% rent increase every 5 years and at the beginning of each option period. The location benefits from a diverse menu, strong brand recognition, and proximity to residential areas with over 123,307 residents within a 5-mile radius and 280,000 within 10 miles. The property is situated in Little Rock's Financial Centre, surrounded by national tenants such as Taco Bell, Sam's Club, Walmart, and many others. The investment is further secured by three high-net-worth guarantors, ensuring reliable rental income. This turnkey operation offers a compelling opportunity for passive income generation and potential for future growth within a robust market. The asking price is $2,411,900, representing a price per square foot of $928. Built in 2017, this property is a proven performer in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,189,000
Market price range: $410k - $2.19M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.4082
- Latitude
- 34.7487
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$32,594
$260,901
$204,728
$465,629
-
$1,304,505
$1,023,640
$2,328,145
