Property profile

7821 Alcoa Rd Benton, AR 72019

OFF-MARKET
Drive through restaurants
Property ID
US05-0230445
3,876 SF 0.88 ac lot Built 2017
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,876-square-foot, Class A retail building situated on a 0.88-acre lot in Benton, Arkansas. The property is an outparcel to the #1 Kroger in Arkansas, enjoying a prime location with high visibility and traffic counts. Currently leased to a selection of nationally recognized fast-food brands under a corporate-guaranteed absolute NNN lease, offering zero landlord responsibilities. The lease commenced January 24, 2017, and expires January 24, 2030, with four 5-year renewal options, each including a 10% rent increase. The property boasts a strong net operating income (NOI) of $191,400, resulting in a compelling 7.00% cap rate. Built in 2017, this fee-simple property benefits from its location near Interstate 30, experiencing a high volume of daily traffic. The surrounding area demonstrates robust demographics, with a three-mile population of 37,389 and an average household income of $84,142. This investment offers a secure, passive income stream with significant long-term growth potential. The asking price is $2,734,285. The property's strategic location, coupled with the strength of the tenant and lease terms, makes this an attractive opportunity for discerning investors. The property is located at 7821 Alcoa Rd, Benton, AR 72019.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2017
Total area 3,876 SF
Lot 0.88 ac (38,333 SF)
APN 805-04848-000
UPID US05-0230445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

7821 Alcoa Rd Benton, AR 72019-6322
Benton metro Census 10511 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.82M
Blend (final) Blend
$2.54M

Owner & transaction history

since 2020
Last sale
$2.7M
7 recorded transactions
2020
$135,000
2020
Price N/A
2020
$2.7M
2016
Price N/A
2016
$706,437
2009
Price N/A
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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