For Sale
$520,000

119 Us-425Monticello, AR 71655

High-yield, NNN-leased Burger King

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity: a 1,764 sq ft Burger King in Monticello, AR, boasting a 6.00% cap rate and a strong corporate guarantee. This absolute NNN lease features 2% annual rent bumps and one remaining 5-year renewal option, extending the lease term to 2027. The property, built in 1992 and situated on a 0.64-acre lot, enjoys a prime location on US Highway 425 South (6,100+ vehicles per day), surrounded by major retailers including Walmart, Walgreens, and other fast-food chains. Its proximity to the University of Arkansas at Monticello (2,717+ students) ensures consistent customer traffic. The property's strong tenant, a 475-unit Burger King franchisee, provides financial stability and security. The building's excellent condition and the lease's favorable terms make this a compelling investment for discerning buyers seeking a stable, high-return asset in a thriving market. The current NOI is $31,212. This is a single-tenant property with 100% occupancy. The asking price is $520,000, representing a price per square foot of $294.78. Monticello is one of the largest towns in Southeast Arkansas, with a population exceeding 16,945.

Highlights

  • 1992 construction, 1,764 SF building on a 0.64-acre lot.
  • 5-year absolute NNN lease with a 475-unit Burger King franchisee.
  • High-traffic location on US Highway 425 South (6,100+ VPD).
  • Strong retail co-tenancy including Walmart, Walgreens, and other national brands.
  • Two miles from the University of Arkansas at Monticello (2,717+ students).
  • Burger King is a globally recognized brand with over 19,000 restaurants worldwide.

Property Details for 119 Us-425

Property type
Retail properties, Restaurants
Square Feet
1,764 SF
Year Built
1992
Lot Size (sq. ft)
27,878 SF

Location Insight

City
Monticello
County
Drew
State
Arkansas
Latitude
33.6283208
Longitude
-91.8019352
119 Us-425, Monticello, Arkansas

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119 Us-425
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