For Sale
$3,686,000

17821 I-30Benton, AR 72015

High-Yield IHOP Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a thriving IHOP restaurant in Benton, Arkansas. Located at 17821 I-30, 72015, this 5,058 square foot QSR/Fast Food establishment boasts a prominent location on a currently expanding I-30 frontage. Built in 2006, the property operates under an Absolute NNN lease with a remaining term of 1.5 years until June 3, 2026, followed by a 10-year renewal option. The current asking price is $3,686,000, reflecting a strong 6.50% cap rate and a Net Operating Income (NOI) of $239,580. The property benefits from a long-term franchisee with a proven track record of multiple unit operations, ensuring consistent performance and operational stability. This is a rare chance to acquire a well-established, high-performing asset in a prime location with significant growth potential due to the ongoing I-30 expansion. The original lease term was 20 years, demonstrating the tenant's long-term commitment to the site. This investment offers a compelling combination of strong current returns and future upside potential. The property's location and the tenant's history make this a highly desirable addition to any commercial real estate portfolio.

Highlights

  • Multi-tenant franchise operation.
  • Long-term, established tenant.
  • High-visibility I-30 frontage.
  • 20-year initial lease with 10-year renewal option.

Property Details for 17821 I-30

Property type
Retail properties
Year Built
2006

Location Insight

City
Benton
County
Saline
State
Arkansas
Latitude
34.5823218
Longitude
-92.5746447
17821 I-30, Benton, Arkansas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
17821 I-30
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message