For Sale
$1,945,460
4610 Kingshighway Paragould, AR 72450
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- McDonald's Corporate Ground Lease Investment Opportunity. $1,946,460 asking price.
- 15.1 years remaining on a 20-year lease with McDonald's Corporation (S&P rated BBB+), including sixteen 5-year renewal options with 5% rent increases every 5 years.
- High-traffic location at the signalized intersection of West Kingshighway and Rockingchair Road, Paragould, AR, exceeding 28,000 vehicles per day (VPD).
- .94-acre lot with a 2,000 square foot building; strong tenant with current NOI of $80,736.6 and a 4.15% cap rate.
- Excellent visibility and access; surrounded by strong national and local co-tenants including Walmart, Lowe's, Aldi, and others.
Property Details for 4610 Kingshighway
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,000 SF
- Year Built/Renovated
- 2019/2019
- Lot Size (sq. ft)
- 40,946 SF
Location Insight
- City
- Paragould
- County
- Greene
- State
- Arkansas
- Latitude
- 36.0595114
- Longitude
- -90.5474618
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 4610 Kingshighway Paragould, AR.
- What is the asking price?
- The asking price for this property is $1,945,460.
- What are key features of this property?
- This property features: McDonald's Corporate Ground Lease Investment Opportunity. $1,946,460 asking price.; 15.1 years remaining on a 20-year lease with McDonald's Corporation (S&P rated BBB+), including sixteen 5-year renewal options with 5% rent increases every 5 years.; High-traffic location at the signalized intersection of West Kingshighway and Rockingchair Road, Paragould, AR, exceeding 28,000 vehicles per day (VPD).
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