7821 Alcoa Rd Benton, AR 72019-6322
- Drive through restaurants
- 3,876 SF
- 0.88 lot acres
Current Use by Public Records
- Tacos 4 Life / Taco Restaurant / New American Restaurant
Property Details for 7821 Alcoa Rd
- Year built
- 2017
- Lot size
- 0.88 lot acres
- Property size
- 3,876 SF
- Property type
- Drive through restaurants
- APN
- 805-04848-000
- APU
- 80504848000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,835,000
- 6.5%
- $2,770,000
- 7%
- $2,810,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,955,000
- Geo Method
- $3,045,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,580,000
- Retail
- $3,195,000
- Mixed-Use
- $2,810,000
- Hospitality
- $2,870,000
- Educational
- $2,680,000
- Residential Income
- $2,885,000
- Energy
- $2,615,000
- Income-Based Land
- $3,300,000
- Food Service
- $2,765,000
Location Insight
- Map
- Local Demand
- City
- Benton
- County
- Saline
- State
- Arkansas
- Longitude
- -92.5336
- Latitude
- 34.6095
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
