For Sale
$1,490,000

2023 Main St Cabot, AR 72023

High-performing QSR, 6.62% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 1,462 square foot, single-tenant, Class A QSR property located at 2023 W Main St, Cabot, AR 72023. The property, built in 2020, boasts a prime location in Cabot's busiest corridor, just off Highway 167 (future I-57), and is surrounded by a variety of national and regional retail tenants, ensuring high visibility and foot traffic. The property is currently 100% occupied under an absolute NNN lease with a remaining term of 10.5 years (expiring 05/24/2035), offering significant long-term stability for investors. The lease features attractive 2% annual rent escalations, mitigating inflation risks. The current annual net operating income (NOI) is $100,666, resulting in a 6.62% cap rate and a pro-forma cap rate of 6.76%. The 0.86-acre lot is zoned commercial, providing flexibility for future development. This investment offers a compelling combination of strong tenant performance, a desirable location in a growing market, and a secure, long-term lease structure. The property's high-performing nature, coupled with the built-in rent increases, makes it an ideal addition to any diversified real estate portfolio. The central Arkansas location, near Little Rock, provides access to a large population base and robust economic activity. This is a rare opportunity to acquire a high-quality, net-leased QSR property with exceptional long-term growth potential.

Highlights

  • 1,462 SF Class A QSR building on a 0.86-acre lot, located at 2023 W Main St, Cabot, AR 72023.
  • Absolute NNN lease with no landlord responsibilities and 2% annual rent escalations.
  • Built in 2020, currently 100% occupied with 10.5 years remaining on the lease (expiring 05/24/2035).
  • Prime location in Cabot's busiest corridor, near Highway 167 (future I-57), surrounded by national and regional retailers.
  • Excellent growth market in Central Arkansas, near Little Rock.

Property Details for 2023 Main St

Property type
Retail properties
Square Feet
1,462 SF
Class
A
Year Built
2020
Buildings
1
Stories
1
Lot Size (sq. ft)
37,462 SF
Units
1

Location Insight

City
Cabot
County
Lonoke
State
Arkansas
Latitude
34.9813967
Longitude
-92.0400081

FAQs

What type of property is this?
Retail property - High-performing QSR, 6.62% Cap Rate
Where is the retail property located?
The property is located at 2023 Main St Cabot, AR.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 1,462 SF Class A QSR building on a 0.86-acre lot, located at 2023 W Main St, Cabot, AR 72023.; Absolute NNN lease with no landlord responsibilities and 2% annual rent escalations.; Built in 2020, currently 100% occupied with 10.5 years remaining on the lease (expiring 05/24/2035).
How can I contact the broker?
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2023 Main St
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