7820 Sheridan Rd White Hall, AR 71602-3233
- Drive through restaurants
- 3,204 SF
- 0.88 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 7820 Sheridan Rd
- Year built
- 2015
- Lot size
- 0.88 lot acres
- Property size
- 3,204 SF
- Property type
- Drive through restaurants
- APN
- 970-02801-000
- APU
- 97002801000
Description
This exceptional investment opportunity presents a fee-simple, single-tenant Burger King property in White Hall, Arkansas. The 3,204 square-foot building, constructed in 2015, sits on a 0.89-acre lot and boasts a 10.5-year remaining lease term (expiring July 31, 2035) with a 6.15% cap rate and a strong NOI of $99,225. The absolute triple-net (NNN) lease structure ensures zero landlord responsibilities. The franchisee, operating since 1979, manages 21 units, demonstrating significant experience and operational success. The property's prime location, situated near major roadways, hotels (Super 8 and Holiday Inn), and other prominent QSR brands (McDonald's, Taco Bell, Popeyes, and Dairy Queen), contributes to its exceptional performance. The lease includes rent bumps and options for 4 or 5-year extensions. The property's high sales volume is reflected in a 6.98% rent-to-sales ratio. The location's proximity to Gandy Elementary School and the University of Pine Bluff (approximately 3,000 students) further enhances its appeal. White Hall itself is a rapidly growing community with a high median household income, making this a compelling investment with significant long-term potential. The asking price is $1,613,414, translating to $503.56 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- White Hall
- County
- Jefferson
- State
- Arkansas
- Longitude
- -92.0999
- Latitude
- 34.2591
- CBSA code
- 38220
- CBSA name
- PINE BLUFF, AR METROPOLITAN STATISTICAL AREA