For Sale
$1,945,460

4610 KingshighwayParagould, AR 72450

Added:
Dec 11, 2024
Days on market:
116

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
4610 Kingshighway, Paragould, Arkansas

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4610 Kingshighway
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