For Sale
$2,734,285

7821 Alcoa RdBenton, AR 72019

High-yield, corporate-guaranteed NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Highlights

  • Corporate guaranteed absolute NNN lease; zero landlord responsibilities.
  • Located near Kroger Marketplace (NYSE: KR), the #1 visited Kroger in Arkansas, and Academy Sports + Outdoors (NASDAQ: ASO).
  • High traffic count: 49,687 vehicles per day (VPD) from I-30 and over 21,622 VPD on Alcoa Rd.
  • Four, five-year lease renewal options with 10% rent increases each.
  • Strong demographics: 37,389 population and $84,142 average household income within a three-mile radius.

Property Details for 7821 Alcoa Rd

Property type
Retail properties, Restaurants
Square Feet
3,876 SF
Class
A
Year Built
2017
Lot Size (sq. ft)
38,333 SF

Location Insight

City
Benton
County
Saline
State
Arkansas
Latitude
34.609519284928
Longitude
-92.534006367973
7821 Alcoa Rd, Benton, Arkansas

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7821 Alcoa Rd
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